S&P has raised New Zealand's credit rating to AA+ from AA

Author: Eamonn Sheridan | Category: News

S&P says NZ economy is recovering quicker than most advanced economies

  • attributes this to the success in NZ of containing the virus better than most others
Added - Outlook Stable

More:
  • NZ govmt credit metrics can withstand potential damage from negative shocks to the economy
  • expects NZ fiscal indicators to recover during the next few years
  • forecast real GDP to grow around 3.2% pa between FY 2022 & 2024
  • expects budget deficits in the country (central & local) to narrow during the next few years 
NZD, AUD, GBP, CAD are all on a rip against the USD again here today.

S&P says NZ economy is recovering quicker than most advanced economies

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