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Economics
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Govt revenue higher than forecast, expenses lower

Core Crown tax revenue was 0.7% above forecast at $38.6 billion, while net debt also above expectations.

Treasury publishes the Half-year Economic and Fiscal Update on December 20.

The Government has gathered more tax revenue than expected, while the deficit went deeper into the red.  

The interim Financial Statements of the Government for the four months ended October 31, were released by the Treasury today.

That compared with forecasts made in the Pre-election economic and

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Jonathan Mitchell Tue, 05 Dec 2023
Contact the Writer: jmitchell@nbr.co.nz
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Govt revenue higher than forecast, expenses lower
Economics,
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