The Traderszone Network

Published in TZ Latest News 11 December, 2016 by The TZ Newswire Staff

Moody’s on NZ: Half-year budget shows strong public finances, robust economic growth

Moody’s rate New Zealand at Aaa with a stable outlook
What Moody’s really need, of course, is a ‘Rock Star Economy’ rating.
– Government forecasts average annual GDP growth of 3.5% over 2017 and 2018, is slightly higher than Moody’s forecast and points to some downside risk to the revenue projections
From Moody’s latest: “Government of New Zealand: Strong Public Finances, Robust Economic Growth Bolster Sovereign Credit Profile”