S&P Global: New Zealand’s current account deficit must narrow further
globalreutersSeptember 4, 20241 Mins read Martin Foo, Director at S&P Global Ratings warned in a Bloomberg interview on Wednesday that “New Zealand’s (NZ) current account deficit must narrow further.” Additional quotes “Broadly comfortable with New Zealand’s sovereign rating outlook.” “Closely watching NZ large current-account deficit and weak economic growth.” New Zealand’s current account deficit was 6.8% of the gross domestic product in the 12 months through March …
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