Govt finances take Covid hit but it could have been worse
Domestic spending has been higher than expected
Brent Edwards
Tue, 10 Nov 2020
Hot Topic
Rich List
The government’s finances are deep in the red and debt is rising but it is not as bad as the Treasury forecast in its pre-election economic and fiscal update.
In the first three months of the financial year, the government recorded a deficit – before investment gains and losses – of $3.2
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Brent Edwards
Tue, 10 Nov 2020
Contact the Writer: brent@nbr.co.nz
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Govt finances take Covid hit but it could have been worse
Politics,
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