Fitch Ratings rejects case for credit upgrade on higher spending, debt
High household debt and more government spending leave the economy exposed to external financing shocks.
The second of the two major international credit ratings agencies that downgraded New Zealand two years ago is refusing to budge.
Fitch Ratings has followed S&P (Standard & Poor’s) Ratings in maintaining an AA rating in the light of the election result and a Coalition government that will boost
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Nevil Gibson
Fri, 16 Feb 2018
Fri, 16 Feb 2018
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Fitch Ratings rejects case for credit upgrade on higher spending, debt
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