Fitch says NZ record of prudent fiscal management lessens risks
Fitch Ratings agency on New Zealand
- New Zealand election gives Labour stronger control over policy
- New Zealand's record of
prudent fiscal management will mitigate risks associated with higher
public debt levels in next few years
- lection outcome
reinforces its expectation that fiscal policy will evolve in line
with PREFU
- resurgence of coronavirus in New Zealand could stall economic recovery and add further pressure to
public finances
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