RBNZ, Treasury talk up global economic risks in briefings to Finance Minister Joyce

Fri, 17 Feb 2017

By Paul McBeth Feb. 17 (BusinessDesk) - The Reserve Bank and the Treasury warned incoming Finance Minister Steven Joyce about the international threats posed to New Zealand's economy, which they both saw as being relatively robust. In separate December briefing documents to Joyce, both the central bank and the Crown's financial adviser said the local economy was performing well, with robust growth projected and the impact of the Kaikoura earthquake expected to be limited. However, they both also cited the global outlook as producing down...

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