Budget 2017: Joyce announces tougher debt target and $11b new infrastructure investment
The biggest move is a target of taking debt to between 10-15% by 2025.
In a deft political move, Finance Minister Steven Joyce has tightened the government's track for lowering debt.
The target of getting net debt below 20% of GDP by 2020 remains: It is now being supplemented by a target of taking debt to between 10-15% by 2025.
That change, in one fell swoop,
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Rob Hosking
Thu, 27 Apr 2017
Thu, 27 Apr 2017
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Budget 2017: Joyce announces tougher debt target and $11b new infrastructure investment
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