Economy

Government in talks with New Zealand about under-writing two-year loan repayment holidays for small tourism operators.

China woos Pacific nations

Saturday May 16, 2020

Cook Islands government treads careful line in supporting both New Zealand and China contributions to the Pacific.

The private sector is disappointed at being left out of government’s Virtual Think Tank developing a Covid-19 economic response plan.

Momentum is growing to include Cook Islands in a New Zealand-Australia travel bubble – but leaders are choosing their words carefully.

Petrol price to plummet

Friday May 15, 2020

Good news for consumers: there will be a sharp decline in fuel and gas prices from Monday.

Finance Minister rules out borrowing money from super fund to pay for Covid-19 economic recovery package.

The resurgence of Cook Islands tourism is threatened by New Zealand’s own ‘go local’ tourism drive – but there’s a solution. 

The possibility of opening the country’s international borders without compromising the people’s safety, may be the only way to kick start an economy that has been severely impacted by the Covid-19 crisis, Prime Minister Henry Puna said.

Opposition supports government to revoke the developed status for access to donor funds.

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