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BRIEF-Moody's says New Zealand's half-year budget shows strong public finances
December 11, 2016 / 9:22 PM / 10 months ago

BRIEF-Moody's says New Zealand's half-year budget shows strong public finances

Dec 11 (Reuters) -

* New zealand’s half-year budget shows strong public finances, robust economic growth

* As government is committed to not raising taxes, revenues will grow in line with nominal gdp

* Will remain among the fastest growing economies in aaa-rated universe

* Expect policies, reforms that foster economic growth, maintain sound public finances to remain key focus under new leadership

* Fiscal surpluses will reduce the government's debt burden, expect to fall below 30% of gdp in coming years Source text : bit.ly/2hBrOYV Further company coverage: [ ]

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