Record Current Account sign of Fundamental
Problems—Peters
The fact that the Current Account deficit
is now the highest it has been since 1986 shows that current
economic management is fundamentally flawed, according to
New Zealand First Leader, Winston Peters.
“The Current
Account deficit of 8.3% of GDP shows that New Zealand is
running an economy based on imports rather than exporters.
Expect that to change under New Zealand First,” concluded Mr
Peters.
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