Moody's - New Zealand's budget for fiscal year ending june 2019 highlights new Government's commitment to maintaining fiscal surpluses and reducing debt

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23 maio 2018

Moody's - New Zealand's budget for fiscal year ending june 2019 highlights new Government's commitment to maintaining fiscal surpluses and reducing debt

Believes New Zealand budget's revenue assumptions achievable, given projections for revenue growth broadly in line with nominal GDP growth

The New Zealand dollar slumped after Reserve Bank of New Zealand Assistant Governor John McDermott stated that the central bank could reduce cash rates to below zero and engage in asset buying programmes in case of a major crisis

IMF says Saudi Arabia making good progress with economic reforms, growth to start picking up this year

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