New Zealand cuts FY24 growth projections ahead of Budget

New Zealand’s Treasury on Wednesday cut its FY24 GDP expectations to 0.1 per cent in a pre-Budget statement, down from 1.5 per cent previously forecast.
New Zealand’s Treasury on Wednesday cut its FY24 GDP expectations to 0.1 per cent in a pre-Budget statement, down from 1.5 per cent previously forecast.
March 27, 2024 @ 8:24am

WELLINGTON: New Zealand's Treasury on Wednesday cut its FY24 GDP expectations to 0.1 per cent in a pre-Budget statement, down from 1.5 per cent previously forecast.

The update expectations are not official fiscal forecasts as they do not include information from government entities, the Treasury said. - Reuters