NZ Finance Minister English on the wires….

Written December 14, 2009 at 7:54 PM EST by  

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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