Nicola Willis: Finance Minister on the Government pushing out surplus expectations
The Government insists it has a plan to turn the economy around.
Treasury's Half Year Economic and Fiscal Update shows the country is first forecast to be in the black by 2029-2030.
The Finance Minister has admitted the country is borrowing money to pay the interest bill on the debt.
Nicola Willis told Heather du Plessis Allan that bill is about $9 billion a year.
She says around 80% of borrowing over the next few years will be for capital assets like hospitals, schools, and roads.
There may also be more cuts to the public service as they aim to get back down to surplus.
Economic growth is…
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