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Reserve Bank gets bigger budget

Extra money will be spent on staffing and technology.

Tim Hunter Fri, 26 Jun 2020

The Reserve Bank will get more resources at its disposal under a new five-year agreement with Finance Minister Grant Robertson.

Although the RBNZ generates its own income through banking operations, the amount it may use for its own expenses is limited by agreement with the government.

The

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Tim Hunter Fri, 26 Jun 2020
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Reserve Bank gets bigger budget
General Business,
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