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New Zealand to feel biggest economic impact in June quarter, finance minister says

Published 06/17/2020, 08:59 PM
Updated 06/17/2020, 09:00 PM

WELLINGTON (Reuters) - New Zealand's finance minister said on Thursday that the biggest economic impact from COVID-19 restrictions will only be seen in the June quarter, after the country reported gross domestic product contracted in the first three months.

© Reuters. New Zealand's Finance Minister Robertson speaks about the

"The biggest impact of the global recession and Alert Level 4 public health restrictions will be seen in the current June quarter," Grant Robertson said in a statement.

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