New Zealand needs to lift overall national savings – and the best way to do that is larger government surpluses, not private savings.
That was the economic advice to the New Zealand government in 1954: it was also the advice from the International Monetary Fund to New Zealand this
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Rob Hosking
Fri, 04 Apr 2014
Fri, 04 Apr 2014
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IMF nudges govt toward bigger surpluses rather than tax cuts
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