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Government deficit to end of March $4b worse than forecast

Grant Robertson says financial statements show how quickly the government responded to Covid-19.

Brent Edwards Fri, 08 May 2020

Government spending was $4.4 billion above forecast in the nine months to the end of March, as the Covid-19 response started to have an impact on the public finances.

The financial statements released by the Treasury said $3.9b had been spent on the wage subsidy in that period, while another

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Brent Edwards Fri, 08 May 2020
Contact the Writer: brent@nbr.co.nz
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Government deficit to end of March $4b worse than forecast
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