New Zealand's national debt is projected to increase from $176 billion in June 2024 to $284 billion by 2030, representing an annual accumulation rate of $18 billion, which exceeds the previous government's rate of $15 billion per year under Grant Robertson.
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NZ Budget 2026 Debt Warning: $176b To $284b?追加:
The bad buts are still to do with spending and still to do with the accumulating of debt. I want to just give you a couple of numbers. The uh the June 24 debt was 176 billion.
She's forecasting by 2030 to go to 284 billion.
If you divide that 108 billion dollar increase, I know they're big numbers, if you divide that 108 by the 6 years, she's accumulating 18 billion dollars a year debt. While and so while Grant Robertson did 6 years in office, he accumulated 15 billion a year.
In other words, this government will be accumulating more debt than the previous government.
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