Budget outlines borrowing and spending in response to Covid-19
Grant Robertson says the government still has $20 billion to spend.
Brent Edwards
Thu, 14 May 2020
The numbers make grim reading.
In the Budget the Treasury is forecasting unemployment to rise to 8.3% in the three months to the end of June as annual economic activity falls by 4.6%. But, worse, it will peak at 9.8% in the September quarter. Core Crown spending blows out to 38.7% of GDP this
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Brent Edwards
Thu, 14 May 2020
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Budget outlines borrowing and spending in response to Covid-19
Politics,
83616