NZ PM Ardern says forecasts are for virus to hurt economy in H1, rebound in H2

New Zealand Prime Minister Jacinda Ardern discussing Treasury forecasts

  • Treasury sees 2020 GDP growth 2 to 2.5%
  • Viral outbreak will hinder economy in the first half but a second half rebound

NZ was quick to prohibit visitors originating from mainland China - this will weigh on tourism income for the country.

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