NewsFree365
--°
All news
Banking & Economics
2 views

NZ Finance Minister Blocks RBNZ Bid to Carry Over Underspend

The Reserve Bank of New Zealand will have to transfer NZ$10.1 million ($5.9 million) back to the Crown, after Finance Minister Nicola Willis declined the central bank’s request to use the.

NZ Finance Minister Blocks RBNZ Bid to Carry Over Underspend

Key Highlights

  • The Reserve Bank of New Zealand will have to transfer NZ$10.1 million ($5.9 million) back to the Crown, after Finance Minister Nicola Willis declined the central bank’s request to use the amount, from underspending in…
  • The Reserve Bank of New Zealand will have to transfer NZ$10.1 million ($5.9 million) back to the Crown, after Finance Minister Nicola Willis declined the central bank’s request to use the amount, from underspending in prior years, on “core” projects.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
Bloomberg Verified Source

Syndicated via official news feed

Read Full Story on Bloomberg
Explore all Banking & Economics stories

Syndicated feed content with full publisher credit.

Banking & Economics Desk

More in Banking & Economics

Continue reading verified coverage and related developments on this desk.

View All