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Nicola Willis: Finance Minister warns surplus deadline won't be reached

Nicola Willis: Finance Minister warns surplus deadline won't be reached

Heather du Plessis-Allan Drive · Newstalk ZB

March 4, 20247m 35s

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Show Notes

Finance Minister Nicola Willis warns the Government could likely miss the proposed 2027 surplus forecast.

The Government included this deadline as a key goal in their pre-election fiscal plan.

Willis blames worsening economic conditions and the resulting lower tax income.

"I want to be upfront with New Zealanders about the fact that the numbers are looking a lot harder now than they did before Christmas."

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Topics

businesseconomysurplusfinanceNationalFinance Minister Nicola Willis