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Interim Financial Statements of the Government of New Zealand
These financial statements reflect the financial position (service potential and financial capacity) as at 31 May 2024, and the financial results of operations and cash flows for the period ended on that date. The May results are reported against forecasts based on the Budget Economic and Fiscal Update 2024 (BEFU 2024), published on 30 May 2024 and the results against the same period for the previous year. Comparison against forecast Table 1 – Key indicators for the eleven months ended 31 May 2024 compared to BEFU 2024: table Core Crown tax revenue, at $111.1 billion, was $1.6 billion (1.4%) above forecast due to ... (full story)