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Government accounts remain in good shape

Source: New Zealand Government The latest update shows the Government’s books are again in better shape than forecast, meaning New Zealand is still in a strong position to respond to any COVID-19 resurgence. The Crown Accounts for the six months to the end of December were better than forecast in the Half-year Economic and Fiscal Update (HYEFU). The Operating Balance before Gains and Losses (OBEGAL) deficit at $4.0 billion was $1.1 billion better than forecast in HYEFU. “This was partly due...
New Zealand New Zealanders Grant Robertson Crown Accounts Half Year Economic Fiscal Update

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