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NZ faces ‘no frills’ budget as debt soars

Wellington | New Zealand faces rising debt and a longer period of budget deficits as natural disasters and a slowing economy squeeze the government’s finances.

Finance Minister Grant Robertson will deliver his annual budget on Thursday in Wellington with little room for sweeteners ahead of a general election in October.

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    Original URL: https://www.afr.com/policy/economy/nz-faces-no-frills-budget-as-debt-rises-20230517-p5d91x