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


New Zealand’s (NZ) Treasury Department is out with its annual 2019 Budget, with the key details found below.

Budget surplus forecast for 2019/20 slashed to NZD1.3bn

GDP forecast 2018/2019 cut to +2.1% vs.  2.9% previous forecast.

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