New Zealand, the first developed economy to enter recession in the current crisis, “cannot afford” to provide new fiscal spending for its embattled economy.
It was instead planning to cut government expenditure, John Key, the prime minister, said yesterday. “We don't want to challenge the ratings agencies by being overtly provocative,” he told the Financial Times in an interview.
“We don't want to do anything that would precipitate a downgrade.”
您已阅读37%（447字），剩余63%（776字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。