The Treasury's confirmed the gloomy economy outlook Nicola Willis has warned of
The Treasury's confirmed the gloomy economy outlook Nicola Willis has warned of
30 May 2024
The expected surplus has been kicked out to the 2027/28 financial year, where the Crown's expecting the books to be 1.4 billion in the black.
Total Government debt is expected to reach 210-billion over the same period, and GDP growth if forecast to stay relatively low.
But it's not all bad -- Treasury's expecting inflation to track back towards 3 percent by the end of the year.
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