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Politics
3 mins to read

The Government’s net worth continues to rise

Net debt as a proportion of GDP was in line with the Budget forecast.

Government spending was up $10.8b in the last fiscal year.

Brent Edwards Thu, 05 Oct 2023

The audited accounts for the Government in the year to the end of June show a slight improvement compared with the numbers in the Pre-election Economic and Fiscal Update.

The operating surplus was $235 million higher at $5.321 billion, largely due to slightly better than expected investment gains.

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Contact the Writer: brent@nbr.co.nz
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The Government’s net worth continues to rise
Politics,
101136
true