New Zealand's finances improve with a $400M better balance and $700M less debt than forecasted.

New Zealand's financial statements for the first half of 2024 show a $400 million improvement in the operating balance indicator and a $700 million reduction in net core Crown debt, both better than forecast. Finance Minister Nicola Willis emphasizes the government's commitment to achieving a surplus and reducing debt, highlighting economic growth as crucial for fiscal improvement. The results align with the "Going for Growth" progress report, which details plans to expand the economy.

5 weeks ago
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