New Zealand’s current account deficit to increase – S&P
NZ's investment-heavy economic growth is putting pressure on the country's current account.
Jason Walls Mon, 20 Jul 2015
Despite New Zealand’s credit rating looking “pretty stable,” global rating agency Standard & Poor (S&P) says the country’s current account deficit is poised to increase.
S&P Australasia sovereign analyst Craig Michaels says investment-heavy economic growth is putting pressure on the country’s