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Jenee Tibshraeny: NZ Herald Wellington business editor on the IMF warning the Government will need to hike taxes and cut spending
Published 5 days, 13 hours ago
Description
The International Monetary Fund is broadly happy with how the Government and Reserve Bank are steering the economy - but it's warned some changes need to take place.
The agency says the Government will need to hike taxes, as well as continue cutting spending, to get the country’s finances on a more sustainable path forward.
NZ Herald Wellington business editor Jenee Tibshraeny explained how this could be implemented.
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