Standard and Poors on NZ

  • Says their outlook reflects expectations that New Zealand will maintain or imprve fiscal performance over medium term
  • NZ has monetary and fiscal flexibility, a resilient economy
  • NZ has institutions conducive to swift and decisive policy actions
  • Offsetting these strengths is its high external debt

(in your face, Australia ... S&P didn't say that, just me)

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NZ rating affirmed:

  • AA foreign currency rating
  • AA+ local currency long-term sovereign credit rating