Credit ratings agency Moody's heaps praise on the New Zealand economy

International credit ratings agency Moody's gave a glowing assessment of New Zealand’s economy in its latest report, which ranks the country’s economic strength as "very high" while saying growth remains "robust".

The report says it's expected New Zealand's economy will grow between 2.5 and 3 percent in the next few years. That's despite Statistics NZ last week saying GDP growth in the year to June was 2.1 percent, the lowest since 2013.

This latest report is proof of the Coalition Government’s reliable and competent handling of the New Zealand economy, which has not only taken account of economic growth figures but have also placed priority on the “well-being” of every New Zealander.

New Zealand First’s influence in the Coalition Government has also ensured that economic activity is not just centred in our major centres, but will also be spread to the regions.

 

https://www.newshub.co.nz/home/politics/2019/09/credit-ratings-agency-moody-s-gives-glowing-assessment-of-new-zealand-economy.html

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