NZ Finance Minister English on the wires….
New Zealand Finance Minister Bill English made these statements in a speech he made a little earlier this evening:
- New Zealand forecasts 2010 budget cash deficit at $10.09 bln.
- 2010 deficit will be narrow that forecasted.
- NZ jobless rate will peak at 7.0%.
- A high NZD is a headwind for exporters.
- The global economy has a “long way to go”.




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