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Government books worse than forecast but better than a year ago

Tax take below the Budget forecast but still $4.5 billion higher than the same time last year.

The Government's tax take is lower than forecast.

Brent Edwards Wed, 05 Jul 2023

The Government finances for the 11 months to the end of May are in worse shape than the Treasury forecast in the Budget.

The operating balance before gains and losses recorded a $6.5 billion deficit, about one-third higher than Treasury expectations. Much of the increase in the deficit was driven by

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Contact the Writer: brent@nbr.co.nz
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Government books worse than forecast but better than a year ago
Politics,
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