The New Zealand Treasury has reported weak economic indicators in its fortnightly economic update, suggesting the economy could be performing below projections. Economist McLeish highlighted that recent data points to economic weakness, which threatens treasury forecasts. In response, the Treasury Department is examining further measures to reduce government spending and increase revenue as the weak economy continues to erode tax receipts. The Treasury is also considering additional spending and revenue solutions to address the economic challenges.
New Zealand’s Treasury Department is examining further measures to reduce government spending and increase revenue as the weak economy continues to erode tax receipts https://t.co/XWYW1iXdEy
New Zealand Treasury says weak economy threatens treasury forecasts https://t.co/qMIwKX3xCY
New Zealand Tsy Sec McLeish: Recent Data Point To Economic Weakness - Weak Economy Poses Risks To Treasury Forecasts - Treasury Looking At More Spending, Revenue Options
NZ TREASURY CONSIDERS ADDITIONAL SPENDING AND REVENUE SOLUTIONS: MCLEISH
NZ ECONOMIST MCLEISH SEES RECENT DATA INDICATING ECONOMIC WEAKNESS
NZ ECONOMIST MCLEISH: WEAK ECONOMY THREATENS TREASURY FORECASTS
NEW ZEALAND TREASURY: FORTNIGHTLY ECONOMIC UPDATE
NEW ZEALAND TREASURY: ECONOMY COULD BE PERFORMING BELOW OUR PROJECTIONS
NEW ZEALAND TREASURY SEES WEAK ECONOMIC INDICATORS