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Hot Topic TARIFFS
Hot Topic TARIFFS
Politics
4 mins to read

Government releases ‘sobering’ numbers for past financial year

Finance Minister Nicola Willis says Government is still committed to getting back into surplus in 2027/28.

Finance Minister Nicola Willis.

Brent Edwards Thu, 10 Oct 2024

A surge in government spending in the past financial year helped push up both net debt and the operating deficit before gains and losses.

In the financial statements for the 2023/24 year, the operating balance before gains and losses (obegal) recorded a deficit of $12.9 billion, which was than both

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Brent Edwards Thu, 10 Oct 2024
Contact the Writer: brent@nbr.co.nz
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Government releases ‘sobering’ numbers for past financial year
Politics,
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