NZ: Government’s books are in a healthy position - ANZ

Sandeep Kanihama FXStreet Contributor

Analysts at ANZ note that the New Zealand government’s books are in a healthy position, and the Treasury’s Budget Economic and Fiscal Update forecasts should show this persisting.

Key Quotes

“We expect a slightly softer economic outlook to drive a small deterioration in the fiscals compared to December’s Half-Year Update.”

“Despite the softer economy there should be enough wiggle room for the Government to still meet its 20% debt objective.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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