Tag Archives: Government Finances

NZ govt’s deferred operating surplus won’t hurt credit rating, Moody’s

The one-year delay forecast in the New Zealand government’s return to surplus doesn’t have any implications for its Aaa credit rating, with everything else going in the right direction, according to Moody’s Investors Service Yesterday’s half-year economic and fiscal update pushed out the Treasury’s expectation for a return to surplus, projecting the Crown’s operating balance before gains and losses to be …

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