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New Zealand Treasury is no longer forecasting a recession for the country

The New Zealand government budget has been released. Sees 2023/24 GDP 1.0% ( HYEFU -0.3%)Unemployment rate seen at 5.0% in 2023/24 ( HYEFU 5.5%)NZ treasury is no longer forecasting the country to move into recessionNZ government forecast to return to surplus in 2025-26, one year later than previous forecastNZ finmin Robertson says operating package slightly higher due to impact of weather eventsNZ Treasury says recent widening of current account deficit expected to reverse ---HYEFU was th... Read More

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Zealand

Treasury

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Forecasting

Recession

Country

Forex

Posted: May 18 2023, 02:06

Author Name: forexlive

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