The government spend-up aimed at cushioning the economic blow of the Covid-19 pandemic has pushed its deficit to $12.8 billion in the 10 months to the end of April.
The operating deficit before gains and losses was $600 million lower than the Treasury forecast in the budget, but much higher than
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
