Liam Dann: NZ Herald business editor at large on the Government confronting a potential fiscal hole in their books
Heather du Plessis-Allan Drive · Newstalk ZB
August 3, 20235m 4s
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Show Notes
Robertson and Hipkins have admitted Government's books are in a more challenging position than expected- but deny claims of a fiscal hole.
The Finance Minister confirmed he met with public service chiefs for a meeting about monetary restraint.
NZ Herald business editor Liam Dann explained that as the economy goes further south and diverges from Treasury forecasts, the gap in the Crown accounts grows- but it's unlikely to be $20 billion.
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Topics
businessElection 2023Government spendingFinance Minister Grant Robertson