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flag New Zealand's finance minister highlights strong credit ratings, while the PM defends pay decisions amid controversy.

flag New Zealand's Finance Minister, Hon Nicola Willis, highlighted the country's strong credit ratings from global agencies like Fitch and Moody's, stressing the need for fiscal responsibility to keep borrowing costs low. flag Prime Minister Christopher Luxon defended the government's decision to increase pay for board directors while giving only a 1% rise to schoolteachers, framing these as separate issues. flag He also questioned the opposition leader's credibility on financial matters.

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