NZ finance minister says there will be time when economy would need more stimulus

  • 📰 Reuters
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

New Zealand's finance minister said on Friday there will be a time when more stimulus would be needed to boost the economy that has taken a hit due to the impact of the coronavirus.

FILE PHOTO: New Zealand's Finance Minister Grant Robertson speaks during a media conference in Wellington, New Zealand, May 17, 2018. REUTERS/Jonathan Barrett/File Photo

WELLINGTON - New Zealand’s finance minister said on Friday there will be a time when more stimulus would be needed to boost the economy that has taken a hit due to the impact of the coronavirus. “There will come a time when we will need some more stimulus in the economy. There are a range of options available on how to do that,” Grant Robertson said in a news conference, adding that no decisions have been taken yet on how more stimulus would be added.

New Zealand recorded five new cases of COVID-19 on Friday taking the total to 1,456. There was one more death, taking fatalities to 17.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'd call that stating the obvious.

Genius

You know not to be rude to Reuters, but like, that seems kind of obvious? Like one stimulus package won't keep the nation just running literally forever lol

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines