14 Apr 2020

Treasury forecasts show NZ facing significant hit to economy

From Midday Report, 12:12 pm on 14 April 2020

Treasury forecasts show New Zealand is facing a significant hit to the economy no matter how long the country remains in Alert Levels 3 and 4.

Treasury has released seven different scenarios on the possible economic impacts of Covid-19.

They show unemployment can be kept below 10 percent and return to 5 percent in 2021 with the help of additional government support,

An Economist at Sense Partners Shamubeel Eaqub speaks to Māni Dunlop.