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Nicola Willis defends debt levels in Budget 2025

Author
Newstalk ZB,
Publish Date
Fri, 23 May 2025, 8:01am

Nicola Willis defends debt levels in Budget 2025

Author
Newstalk ZB,
Publish Date
Fri, 23 May 2025, 8:01am

The Finance Minister is defending her budget and growth agenda, despite a surplus being some years away.

The Government's books aren't set to return to surplus until 2029.

Nicola Willis says that surplus is coming despite disruption on the world stage.

She told Mike Hosking alongside spending cuts they're also investing to encourage businesses to grow.

Willis says the biggest risk to getting back into surplus would be a slow down in the economy.

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