NZ FinMin Robertson: US-China trade dispute, Brexit uncertainty and slowing global economy pose continuing risks

Following the 2019 Budget announcement, New Zealand’s Finance Minister Robertson offered further insights into the Budget.

Key Points:

Plans to move to 15-25% debt target range from 2022, the target remains 20% of GDP until then.

Increased government spending will help the domestic economy in the face of a global slowdown.

US-China trade dispute, Brexit uncertainty and slowing global economy pose continuing risks.

New Zealand cut its budget surplus forecast for 2019/20 to NZD1.3bn, Kiwi sticks to lows

New Zealand’s (NZ) government is out with its annual 2019 Budget, with the key details found below. Budget surplus forecast for 2019/20 slashed to NZD
Mehr darüber lesen Previous

NZD/USD: No response to New Zealand’s downward revision of budget surplus forecast

The New Zealand government announced a downward revision of budget surplus forecast for 20019/20 a few minutes before press time. The news, however, h
Mehr darüber lesen Next