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Guest Opinion
5 mins to read
1

Fiscal sustainability needs hard choices

OPINION: By process of elimination, we come to reducing the ubiquitous wasteful expenditure. But this too is hard work.

We are a small, open economy and must maintain a set of fiscal ratios that remain the envy of the world.

Bevan Graham Sun, 18 Jun 2023

Relief that the US Congress managed to navigate its way through the latest debt ceiling crisis without too much drama ignores the bigger problem.

As part of the deal, the debt ceiling has been suspended until the end of 2024 in exchange for spending cuts and other restraints. Its relatively smooth

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Bevan Graham Sun, 18 Jun 2023
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Economy Fiscal plan Fiscal sustainability
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