Joyce rejects IMF advice on deposit insurance
But he says something like a de minimis exemption is an alternative to deposit insurance.
The government is being urged to follow the IMF’s recommendation to implement a deposit insurance to protect New Zealander’s savings.
But Finance Minister Steven Joyce says the government has looked at such a scheme in the past and found it “wasn’t necessarily going to work from New Zealand’s
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Jason Walls
Tue, 09 May 2017
Tue, 09 May 2017
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Joyce rejects IMF advice on deposit insurance
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