New Zealand's economy is currently doing better than predicted due to the country's early economic and health response to the COVID-19 pandemic, the finance minister said on Monday.
FILE PHOTO: New Zealand's Finance Minister Grant Robertson speaks about the"wellbeing" budget in Wellington, New Zealand, May 30, 2019. REUTERS/Charlotte Greenfield
WELLINGTON - New Zealand’s economy is currently doing better than predicted due to the country’s early economic and health response to the COVID-19 pandemic, the finance minister said on Monday. “The economy is doing better than expected and is more open than anywhere else in the world,” Grant Robertson said in a news conference.
Robertson also said NZ$14 billion from a COVID Response and Recovery Fund that was announced in the annual budget earlier this year will now be set aside in the event the country experiences a second wave of infections.
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