Grant Robertson: We're not borrowing $17 billion - just eight

Author
Newstalk ZB Staff,
Section
Audio,
Publish Date
Monday, 9 July 2018, 7:07PM
The Finance Minister says that they need to borrow the money in order to fix up the country. (Photo / NZ Herald)

The finance minister claims National's fallen down another wrong fiscal hole calculation.

Opposition leader Simon Bridges is accusing the Government of opening their wallet too much and will be borrowing an extra 17 billion dollars over the next four years.

Grant Robertson says that's just wrong, and even using Bridges' flawed logic it's still not 17-billion.

He told Chris Lynch it's actually eight billion - and that money's being used to fix up the country.

"We've never hidden that because there is an awful lot to do. We've got to get on and build some houses, fix up rails, fix up roads, make sure that we've got our schools and our hospital working properly. We need to do that work."

LISTEN TO GRANT ROBERTSON TALK WITH CHRIS LYNCH ABOVE

 

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