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Covid-19: Finance Minister rules out universal income stimulus, for now

The government is working on a scenario where Covid-19 has a year-long impact on the economy.

Julie Iles Fri, 06 Mar 2020

While governments across the OECD are increasingly favouring large fiscal stimulus in the face of the growing spread of Covid-19, New Zealand's Finance Minister, Grant Robertson, has ruled out handing out cash to households for now. 

Robertson said the government’s focus remained in addressing

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Covid-19: Finance Minister rules out universal income stimulus, for now
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