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NZ government passed law to improve fiscal transparency and move election update release forward.
New Zealand’s government passed the Public Finance Amendment Act to improve fiscal transparency.
The law requires the Treasury to explicitly disclose specific fiscal risks and time-limited funding in economic updates, replacing vague "wellbeing" reports.
Additionally, the legislation moves the release of the Pre-Election Economic and Fiscal Update forward by five working days to give voters more time to assess government plans.
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El gobierno de Nueva Zelanda aprobó una ley para mejorar la transparencia fiscal y adelantar el lanzamiento de actualizaciones electorales.