Confirmed: Former Finance Minister, Bill English is the New Prime Minister of New Zealand

Simon William English or also known as Bill English is the  new New Zealand Prime Minister as it was decided during the meeting held in “The Beehive" at Wellington, he then appointed Paula Bennett as his deputy leader. It is highly expected that English will be elected as  next leader of the country subsequent to the renunciation of John Key.

The 54-year-old PM plans to pursue the legacy of Key as his antecedent. Moreover, Mr.English seeks to make a thriving economy as he aim to have an open trades of investment and immigration.

Moody's Investors Service, a company of financial services expressed  country’s ability to deal with unfavorable circumstances due to a more stabilized public finances. In essence, they also expects for salient reforms regarding  economy under  leadership of Prime Minister Bill English.