Economy

Delta schmelta: Treasury forecasts early return to surplus

Jem Traylen
Wed, 15 Dec 2021

Delta schmelta: Treasury forecasts early return to surplus
Covid-19 may have scarred the economy this year, but a strong rebound is forecast (Image: Depositphotos)
Jem Traylen
Wed, 15 Dec 2021
The government’s books are forecast to be back in surplus sooner than expected as the outlook for the economy improves, according to forecasts published in today’s half-year economic and fiscal update from the Treasury.“Our government invested in our people and businesses through the delta outbreak and that investment is paying off as the economy recovers,” said finance minister Grant Roberston, addressing media at the set-piece end of year presentation of the economic outlook and plans for the next year’s budget.W...

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