Tag: operating_expenses
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Reserve Bank Funding Reduced by 25% in New Agreement
The Government and the Reserve Bank board have agreed to a funding agreement that will reduce the bank's budgeted operating expenses by approximately 25% in the coming year. Finance Minister Nicola Willis stated that the new five-year agreement reflects the…
Reserve BankNicola WillisGovernment FundingTreasuryOperating ExpensesFinance