New Zealand economy doing better than expected, finance minister says

New Zealand's economy is currently doing better than predicted due to the country's early economic and health response to the Covid-19 pandemic, the finance minister said on Monday.

"The economy is doing better than expected and is more open than anywhere else in the world," Grant Robertson said in a news conference.

Robertson also said NZ$14 billion ($9.16 billion) from a Covid Response and Recovery Fund that was announced in the annual budget earlier this year will now be set aside in the event the country experiences a second wave of infections.