IMF Staff Country Reports

New Zealand: 2021 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for New Zealand

May 5, 2021

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Format: Chicago

New Zealand: 2021 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for New Zealand, (USA: International Monetary Fund, 2021) accessed September 15, 2024

Summary

New Zealand’s sound management of the COVID-19 crisis has been effective in bringing infection rates quickly under control. Decisive fiscal and monetary policy responses have been instrumental in cushioning the economic impact. Although economic activity was hit hard initially, it has recovered faster than expected. That said, the recovery has been uneven, with some sectors and workers disproportionately affected.

Subject: COVID-19, Health, Housing, Housing prices, Income, Infrastructure, International organization, Monetary policy, National accounts, Prices

Keywords: Amendment bill, Consumer price inflation, COVID-19, Elimination strategy, Global, Government agenda, Housing, Housing prices, Income, Inflation outturn, Infrastructure, Stats NZ

Publication Details

  • Pages:

    74

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2021/088

  • Stock No:

    1NZLEA2021001

  • ISBN:

    9781513572949

  • ISSN:

    1934-7685