New Zealand's economy is facing a challenging period ahead, with warnings of 'significantly slower' growth over the next few years. The country's economic outlook has been dampened by various factors, prompting concerns among policymakers and analysts.
One of the key reasons for the projected slowdown in growth is the global economic uncertainty, fueled by trade tensions and geopolitical risks. New Zealand, being a small open economy, is particularly vulnerable to external shocks and market fluctuations.