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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Budget 2023
3 mins to read

Country’s economic and fiscal forecasts laid out

Budget 2023 discloses no recession and inflation back in box next year.

Finance Minister Grant Robertson presented the ‘Support for today, Building for tomorrow’ Budget 2023.

A recession is off the table and inflation is forecast to fall back into the key 1-3% target band late next year, according to Budget 2023.

The Treasury no longer expects the country to enter a recession this year because of the open borders and tourism boost, in addition to the recovery from

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Jonathan Mitchell Thu, 18 May 2023
Contact the Writer: jmitchell@nbr.co.nz
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Country’s economic and fiscal forecasts laid out
Budget 2023,Economics,
99110
true