Moody's expects further reforms to boost economy under new PM English

Mon, 12 Dec 2016

By Edwin Mitson Dec. 12 (BusinessDesk) - Moody's Investors Service says New Zealand's strong public finances have given it significant flexibility to deal with negative shocks and it expects further economic reforms under the new Prime Minister Bill English. The ratings company said it expects "policies and reforms that foster economic growth and maintain sound public finances to remain a key focus under a new leadership," basedon its analysis of last week's half-year economic and fiscal update. The half-year fiscal update, published...

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