2010 Investment Statement of the Government of NZ
2010 Investment Statement of the Government of New Zealand
Published 14 Dec 2010
This is the first Investment Statement of the Government of New Zealand. This document is not statutorily required, but is a new report introduced by the current Government.
The 2010 Investment Statement of the Government of New Zealand provides an overview of the significant assets and liabilities on the Crown's balance sheet, how they have changed over time and how what the Crown owns and owes is forecast to change over the next five years. The main objective of the new report is to enable greater scrutiny of the Government's management of its assets and liabilities, in order to strengthen the current financial reporting framework. A second objective is to provide a regular statement of the Government's investment intentions over the medium term.
The 2010 Investment Statement of the Government of New Zealand was published on 14 December 2010 with the Budget Policy Statement (BPS) 2011 and the Half Year Economic and Fiscal Update (HYEFU) 2010.
ENDS