12
Sep
Wellington, Sep 12, New Zealand's economy is "turning a corner, but the challenges remain very real", according to the Pre-election Economic and Fiscal Update released on Tuesday. The country's economy is turning the corner with projected growth meaning no recession, wages ahead of inflation, and more people in work, even as the impact of challenging global conditions and the North Island Weather Events weigh on the government's books, Xinhua news agency quoted Finance Minister Grant Robertson as saying. New Zealand continues to feel the ongoing ripples of the economic shock from the global pandemic. Earlier this year, the country also…