An International Monetary Fund staff report, says:
- New Zealand’s sound management of covid-19 has enabled
faster-than-expected economic recovery
while no additional stimulus needed, fiscal and monetary support
should not be withdrawn prematurely
NZ economy is expected to continue recovering in the near term at a
more moderate pace
- NZ inflation is only expected to durably reach 2% in 2023
- New Zealand’s unsustainable house prices could trigger an eventual,
The IMF comments on NZ’s economy and policy are nothing new really, The warning on the housing bubble is pretty vanilla too.
Who runs that place now anyway???
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