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Monday 30 April 2018 | Written by Rashneel Kumar | Published in Economy
American financial services company, Standard & Poor's sees the Cook Islands' close relationship with New Zealand as a plus. Pictured is prime minister Henry Puna, New Zealand prime minister Jacinda Ardern and deputy prime minister Winston Peters, during their visit to the Cook Islands last month.
The Cook Islands’ narrow economic base plus the country’s infrastructure shortcomings, an absence of monetary policy flexibility, and information deficiencies, particularly in the external accounts, could weaken the country’s credit quality.
The Cook Islands’ narrow economic base plus the country’s infrastructure shortcomings, an absence of monetary policy flexibility, and information deficiencies, particularly in the external accounts, could weaken the country’s credit quality.
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