The New Zealand Treasury has announced a surplus of NZ$1.8 billion for the just completed financial year to June 30
- Up from NZ$414 million the previous year
- Up from a forecast of NZ$176 million
- Finance Minister Bill English said the result gave the Government choices about repaying debt and cutting taxes
- "Government surpluses are rising and debt is falling as a percentage of GDP which puts us in a position to be able to make some real choices for New Zealanders"
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
