New Zealand is now in a privileged position of having successfully contained the virus and with many parts of the economy back up and running. But the economic shock from the COVID-19 pandemic continues to evolve.
Although recovery is now underway, it will be a lengthy and difficult process but we are well prepared for this challenge and we stand ready to provide stability and support. Page 3 of 9  4  You will hear more from us about this when we discuss our next Monetary Policy Statement, due for release on the 24th of February.