What is to blame for the disappearing Government surplus?
The NZ Herald online (not that I like the mainstream media) is running an interesting thing here...
The Government's accounts have dropped into an operating deficit for the first time in almost 15 years. The Treasury has revealed the Crown's operating balance for the seven month period to January 31 was a deficit of $394 million -as much as $4.2 billion away from the forecast surplus of $3.8 billion. What is to blame for the disappearing Government surplus? Click here to see more.
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