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Showing posts with label Fitch Group. Show all posts
Showing posts with label Fitch Group. Show all posts

Thursday, November 23, 2023

Kerre Woodham: I feel more positive than I have in years


Long coalition negotiations from the new about-to-be Government have seen a major economics consultancy downgrade its perception of New Zealand's political stability to its lowest rating in more than a decade.

BMI, not the body mass index, but a consultancy group owned by the Fitch Group and one of the three big ratings agencies, docked New Zealand a couple of points in its Short-Term Political Risk Index (STPRI), which measures the country's political stability. Because there's been far too much shagging around in their perception (my words, not theirs), when it comes to forming a new government.