NZ Growth Ahead Of Global Trends

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Kuala Lumpur: New Zealand scores big with a higher growth rate than other countries at a time when the global outlook remains uncertain.

The country did not only contain the deadly virus, but it also improved its economy.

“While the global outlook remains uncertain, going hard and early in responding to COVID-19 has meant that there are really positive signs for our economy.

“GDP figures show New Zealand’s economic growth is ahead of the pack – outstripping Australia, Canada, the US, the UK and Japan! Unemployment is also just half of what was predicted at the start of the pandemic and again compares favourably to other countries.

“As we continue to face the challenges COVID has thrown our way, we’re focused on securing our recovery and supporting our economic rebuild by continuing to create jobs, investing in crucial infrastructure and accelerating our housing supply.”

This is the message sent by the Labour Party in New Zealand on its Instagram page.

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