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flag New Zealand's Finance Minister accuses government of reckless spending, with credit ratings at risk.

flag New Zealand's Finance Minister Nicola Willis accused the Labour-led government of reckless spending and fiscal mismanagement, risking the country's financial reputation. flag Prime Minister Chris Hipkins dismissed these claims, asserting the Labour Party's commitment to balancing the budget. flag Credit rating agency Fitch praised New Zealand's fiscal prudence but warned that any decline in fiscal responsibility could harm the nation's creditworthiness.

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