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New Zealand Annual Budget Speech 2016
Mr Speaker, I move that the Appropriation (2016/17 Estimates) Bill be now read a second time. It's a privilege to present the eighth Budget of this National-led Government. I recall our first Budget, delivered in difficult times, with Treasury forecasting never-ending deficits and ever-rising debt. Today, however, I can present a healthy set of public accounts. The Crown's books show rising surpluses and falling debt. This is on the back of an economy forecast to grow at around 3 percent on average over the next few years, supporting more jobs and higher incomes. Budgets are not just an accounting exercise. They are ... (full story)
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