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Economics
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Surplus delayed by a year as economy hits government books

Forecast tax take is down as sluggish economy hits revenue.

Finance Minister Nicola Willis.

Brent Edwards Tue, 17 Dec 2024

The Coalition Government is promising continued fiscal constraint as it faces a worsening fiscal position.

The public accounts will make it to surplus a year later than expected and debt will be higher than the Treasury forecast in the May Budget.

Finance Minister Nicola Willis told reporters today

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Brent Edwards Tue, 17 Dec 2024
Contact the Writer: brent@nbr.co.nz
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Surplus delayed by a year as economy hits government books
Economics,
107237
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