New Zealand to show budget surplus in 2015

Note: This section contains information in English only.
Source: Bloomberg
The Minister of Finance of New Zealand announced that his country will be able to show an operating budget surplus in the financial year 2014-2015, as it will reach as much as NZ$86 million. Moreover, the positive balance of budget will surge to NZ$1.67 billion in the year 2015-2016. The previous outlook estimated the budget surplus to be NZ$75 and NZ$797 million in these years, respectively.
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Wed, 18 Dec 2013 06:19:05 GMT

New Zealand business confidence rises to highest since 1999

The confidence level among New Zealand's businesses jumped to its largest value in more than 14 years, showing the positive attitude towards economic development of the country. The corresponding index from the ANZ Bank climbed to 64.1 points against 60.5 in November. Moreover, the rise of index was noticed in activity outlook, profits and inflation expectations, and manufacturing.

Tue, 17 Dec 2013 15:50:04 GMT

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