Tuesday 2nd February 2010 |
Text too small? |
Finance Minister Bill English has set the date for the budget at May 20 and said tax reforms will “definitely” be included.
“We want to tilt the economy towards exports and investment and away from consumption and borrowing,” he told reporters at the Parliament today. “It’s entirely appropriate that the government helped New Zealanders through the recession,” he said. “Now we have to focus on fixing a damaged economy and restoring the government’s books.
English said the budget will be delivered “against a backdrop of ongoing restraint, given the Government faces another six years of deficits and net Crown debt will more than treble to a forecast $65 billion by 2014.”
Businesswire.co.nz
No comments yet
Spark New Zealand appoints new director to the Spark Board
AFT to announce full year results on May 23 2024
CRP - Korella North Takes Another Two Steps Forward
May 3rd Morning Report
ASB workers to strike as bank proposes an effective pay cut
Rising tides, sinking stocks: study explores cost of climate change
May 2nd Morning Report
AGL - Change in Senior Management
Devon Funds Morning Note - 01 May 2024
Rick Christie to step-aside as a non-executive director