New Zealand's pandemic budget sets stage for Ardern's re-election bid
WELLINGTON (Reuters) - New Zealand will unleash billions of stimulus dollars at its annual budget this week to cushion the economic blow from the coronavirus pandemic, leaving it with ballooning debt and a dismal fiscal position that will take years to fix.
Spending on infrastructure, healthcare projects, state housing and more subsidies for low income workers and cash-strapped businesses are on the cards in the annual budget to be unveiled on Thursday.