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New Zealand to run deficits for extended period, debt to exceed targets: Finance Minister

The path to recovery from the impact of the coronavirus will be challenging with business investment and confidence taking a hit and unemployment rising, Grant Robertson said in a pre-budget speech released to the media.

He said the budget, to be released next Thursday, will carry on supporting industries hit by the coronavirus and despite the additional borrowing New Zealand will remain among the least indebted countries.


Source: Economy - investing.com

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