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Related term: International Monetary Fund

  • New Zealand has emerged from the global financial crisis in better shape than many advanced countries and it is expected to continue on a gradual recovery path, according to the International Monetary Fund. Finance Minister Bill English said that IMF also supports the Government's fiscal stimulus through to June 2010 and welcomes the Government's longer-term net debt target of 20 per cent of GDP.
    Article - 2010-04-30 15:51
  • Fonterra shareholders will welcome the strong and positive performance turned by Fonterra Cooperative Group over the past half-year. “To have a result like this in a period of high commodity prices is a major achievement in itself,” says Willy Leferink, Federated Farmers Dairy vice-chairperson. “It comes only a day after the International Monetary Fund (IMF) downgraded its growth projection for the New Zealand economy to just one percent. The nation’s dairy farmers and dairy cooperatives, like Fonterra, are showing the way forward.
    Article - 2011-03-24 08:00
  • By Sam Coxhead of www.directfx.co.nz
    Article - 2011-11-28 18:00
  • Finance Minister Bill English has welcomed the International Monetary Fund’s assessment of the Government’s plan to return to surplus by 2014/15. In its preliminary concluding statement on New Zealand, published today, the IMF notes the Government’s medium-term deficit reduction plan is aimed at limiting the increase in public debt to guard against future economic risks and contributing to lowering external debt.
    Article - 2012-04-03 16:00
  • The International Monetary Fund’s 2012 staff report on New Zealand confirms its support for the Government’s economic plan and particularly its focus on getting back to surplus and increasing national saving, Finance Minister Bill English says. “The IMF endorses our approach to getting back to surplus and the rationale behind it,” he says. “It notes that our deficit reduction path strikes a balance between the need to contain both public and private debt increases, while limiting any adverse impact on economic growth during the recovery.
    Article - 2012-06-08 17:00
  • The International Monetary Fund's latest report on New Zealand highlights the need for the Government to have a wider economic plan, rather than a narrow fixation on achieving fiscal surplus in 2014/15, Green Party Co-leader Russel Norman said today.
    Article - 2012-06-08 17:00
  • An IMF warning that ‘the pace of New Zealand’s economic recovery is likely to remain modest’ is a reminder that the economy needs modernising to grow jobs and incomes faster, Labour’s Finance spokesperson David Parker says. “The IMF is warning of a ‘medium likelihood’ of falling exports, which would reduce growth in New Zealand even further. That means lower incomes and fewer jobs unless the economy is modernised. “It’s important to continue on a path to surplus, as Labour would, but the IMF says that isn’t enough,” David Parker said.
    Article - 2012-06-11 13:30
  • One of US President Barack Obama’s top financial advisors has given New Zealand a ringing endorsement for the way the National Government is handling the deepening world debt crisis,  State Owned Enterprises and Health Minister Tony Ryall said. ‘This week, in a major international BBC debate on rescuing the world economy, Peter Orszag, Obama’s Director of the Office of Management and Budget until 2010, opposed the austerity only position taken by the IMF’s Chairman Christine Lagarde, and Wolfgang Schauble, German Minister of Finance,’ Mr Ryall said.
    Article - 2012-10-18 21:04