Economic surge widens budget surplus to $5.5b
Total tax revenue rose 6.1% to $80.22b while spending lagged estimates.
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Hawke’s Bay
The Crown accounts that Prime Minister Jacinda Ardern confused with the June quarterly GDP figure confirm a rosy, albeit outdated, rear view of the economy.
The financial statements for the year to June 30, 2018, show the surplus in the operating balance before gains and losses (obegal)
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Nevil Gibson
Tue, 09 Oct 2018
Tue, 09 Oct 2018
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Economic surge widens budget surplus to $5.5b
Politics,
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