New Zealand PM pledges not to sell Kiwibank

08:35, June 07, 2010      

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New Zealand Prime Minister John Key has finally ruled out the prospect of selling Kiwibank, days after leaving open the possibility it could be privatized in the future.

Key said on Friday that the bank will never be sold while he is the Prime Minister, Radio New Zealand said on Saturday.

He fueled speculation about the bank's future when he answered a question in the Parliament on Wednesday by saying the Government 's policy was not to sell any assets in this parliamentary term.

He said then if the National party decided to sell any assets it would put that to voters before the election.

Source:Xinhua

(Editor:黄蓓蓓)

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