New Zealand has unveiled a budget with few voter incentives ahead of what is shaping up to be a tightly contested election, as policymakers focus on preserving fiscal firepower amid rising risks linked to the Iran conflict.
"This budget takes careful steps to support New Zealanders now while strengthening the economy for the years ahead," New Zealand Finance Minister Nicola Willis said in a statement as she warned the Middle East war was stoking inflation and slowing recovery in the trade-dependent economy.
