New Zealand says can manage coronavirus impact on economy

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New Zealand says can manage coronavirus impact on economy
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A coronavirus epidemic will have an 'inevitable' impact on New Zealand...

WELLINGTON - A coronavirus epidemic will have an “inevitable” impact on New Zealand’s economic growth, Prime Minister Jacinda Ardern said on Monday, but added that the effect would be manageable, even though it was too early to say how big it would be.

Travel and work curbs prompted by the outbreak, which has killed more than 900 people in China and sparked a global health emergency, are putting the squeeze on New Zealand firms doing business in the world’s second-biggest economy. It was too early to say how big the impact would be, Ardern said, adding that the government is working with the tourism and education sectors, as well as traders, to limit the fallout.

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