Cogito, ergo sum. I think, therefore I am. (René Descartes, mathematician and philosopher,1599-1650)
Showing posts with label World Bank. Show all posts
Showing posts with label World Bank. Show all posts

Monday, 27 May 2019

The Doomsayers' Lament: the State of the NZ Economy

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A number of commentators would have us believe our economy is heading for the rocks. We're told we have a government that promises more than it can fulfil, a bunch of dreamy-eyed idealists, who are dragging us further into debt. 

Yet this is not the picture shown in IMF projections where our growth exceeds that of most countries or in the World Bank naming us "Number 1 in the world" for our business friendly environment.  "Congratulations,New Zealand!" writes Taylor Kee in Money Morning, "You’re the number one country in the world for exemplifying a business-friendly environment."

If you still have doubts, read Finance Minister Grant Robinson's pre-budget speech  at yesterday's Craigs Investors Conference.