In this section
Offers for readers
Follow the news from interest
The comment stream
- 1 of 30346
- 1 of 415
The news stream
- What would 'Peak People' mean? 34
- Net migration at 11 year high 24
- Bernard's election diary - July 21 23
- Bernard's election diary - July 22 22
- Herd mentality ? 21
- Taskforce to target 'loopy' council rules 17
- Should you take the cash? 16
- Regional Divide: Zombies, Cinderellas and Sleeping Beauties 12
- Farm prices and sales volumes rise in June quarter 7
- Monday's Top 10 at 10 7
Bill English says Budget to be delivered on May 16; continues drive to deliver a more competitive and faster-growing economy
This year's Budget will be announced on Thursday, May 16, Finance Minister Bill English said today.
“This will be the National-led Government’s fifth Budget in what have been extremely challenging global economic times,” he says.
“It will continue to implement the Government’s programme to deliver a more competitive and faster-growing economy, more jobs and a return to fiscal surplus,” he says.
“The global economic environment remains uncertain and this makes it even more important to maintain clear and credible fiscal settings.
“As I’ve said, this will require restraint well beyond our surplus target of 2014/15, so we can pay down debt and build a buffer against the next global shock.
“As well as getting its own finances in order, the Government is continuing to address New Zealand’s significant economic challenges, including a sustained rebalancing towards the internationally competitive sectors of the economy.
“Budget 2013 will also contribute to the Government’s other main priorities of delivering better public services within tight financial constraints and supporting the rebuilding of Christchurch.”