English Says New Zealand Budget Deficit Will Widen (Update1) Dec. Bloomberg) -- New Zealand’s budget deficits are likely to widen further as a deepening global recession curbs tax revenue and requires increased government spending, Finance Minister Bill EnglishBill English said.
The international economic storm has turned the Government's books a nasty shade of red. The headline operating surplus plunged to a $3.5 billion deficit -- $5 billion worse than forecast -- on the back of the global financial meltdown, according to...
English Says New Zealand Budget Deficit Will Widen (Update1) Dec. Bloomberg) -- New Zealand’s budget deficits are likely to widen further as a deepening global recession curbs tax revenue and requires increased government spending, Finance...
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