BOP Result Confirms Economy On The Upturn
Friday, 15 December 2000, 2:50 pm
Press Release: New Zealand Government
"The September balance of payments result was stronger than
expected and the trend is toward a further steady
improvement," Finance Minister Michael Cullen said
today.
"The $6.9 billion annual deficit is better than
market expectations and will improve sharply again next
quarter when the frigate Te Mana drops out of the mix," he
said.
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