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Financial Statement of NZ Govt for 11 Months to 31 May 2013
Financial Statements of the Government of New Zealand for the eleven months ended 31 May 2013.
These financial statements are compared against forecasts based on the Budget Economic and Fiscal Update (BEFU), released on 16 May 2013.
Overall, all key
indicators were better than forecast. The operating
balance before gains
and losses deficit
was $3.3 billion, which was $763 million lower than
expected largely
owing to higher than forecast core Crown
tax revenue.
Read financial statements here:
http://img.scoop.co.nz/media/pdfs/1307/mediaFinancial_Statements_of_Govt__May_13.pdf
ENDS
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