The Covid-19 pandemic is expected to leave a lasting scar on the world's economies but New Zealand is likely to fare better than most, according to a credit ratings agency.
A review by S&P Global said the recession would be uneven across the Asia Pacific region and New Zealand would be among the countries to escape with less permanent damage, the agency said.
New Zealand was in a small group of countries with well-targeted economic stimulus and management of the pandemic, including China, Korea, Taiwan, Australia, Japan and Singapore.