New Zealand’s Worst Drought in 30 Years May Cost NZ$2 Billion

New Zealand’s most widespread drought in at least 30 years may cost NZ$2 billion ($1.7 billion) as dry conditions across the North Island threaten economic growth, the government estimates. “The latest advice is that somewhere between $1 billion and $2 billion will be knocked off our national in…

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New Zealand’s Worst Drought in 30 Years May Cost NZ$2 Billion