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Politics
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Medium-term economic outlook bleaker than May Budget

Opposition parties say the figures shouldn’t be ‘sugar-coated’.

Brent Edwards Wed, 16 Sep 2020

The Treasury is less pessimistic about the economy’s immediate prospects than it was, but gloomier about the medium term.

In its pre-election economic and fiscal update, it forecasts economic activity dropped 16% in the three months the end of June compared with its budget forecast of a 24%

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Brent Edwards Wed, 16 Sep 2020
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Medium-term economic outlook bleaker than May Budget
Politics,
84963
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