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What will Cyclone Gabrielle do to NZ’s credit rating?

Summary by Ground News

Ratings agency S&P Global says New Zealand can aborb the substantial costs incurred by Cyclone Gabrielle, provided such costs are temporary. The agency expects to have clearer information to form an opinion after the Government releases its next Budget, and once a more detailed assessment of the damages becomes available. The impact on the Crown accounts needed to be put into context.

1 Articles

1 Articles

What will Cyclone Gabrielle do to NZ’s credit rating?

Cost to Government expected to be substantial.

3 years ago·Auckland, New Zealand

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Leaning Left0Leaning Right0Center1Last Updated3 years agoBias Distribution

100% Center

Bias Distribution

100% of the sources are Center

100% Center

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NZ Herald broke the news in Auckland, New Zealand 3 years ago on Monday, February 20, 2023.

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