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IMF forecast strong near-term economic growth for New Zealand

WELLINGTON (Reuters) - The International Monetary Fund (IMF) said on Tuesday New Zealand's economic growth is expected to be strong and that key macroeconomic risks from the housing sector had been stabilized.

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The IMF said in a statement that New Zealand economic growth will be approximately 3 percent in the near term.

The comments were made as part of the IMF's annual visit, known as an 'Article IV' consultation.

(Reporting by Charlotte Greenfield; Editing by Shri Navaratnam)

Read the original article on Reuters. Copyright 2018. Follow Reuters on Twitter.
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