Debt blowout means govt needs viable long-term plan
Economy Matters: If debt keeps growing faster than GDP, alarm bells will sound.
John McDermott
Tue, 31 Aug 2021
Governments all over the planet have undertaken massive fiscal expansions in response to the Covid-19 pandemic, resulting in spiralling government debt. New Zealand is no exception, albeit we started from a low base.
Before the pandemic, New Zealand government debt was below 30% of GDP, a very
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John McDermott
Tue, 31 Aug 2021
Contact the Writer: john.mcdermott@motu.org.nz
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Debt blowout means govt needs viable long-term plan
Analysis,Columns,
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