New Zealand's deficit for the last six months of 2011 in line with expectations

Note: This section contains information in English only.
Source: Marketwatch
The New Zealand's national debt for the second half of 2011 was close to the initial forecast, reported the New Zealand's Treasury. The operating deficit was only 3 million New Zealand Dollars higher than projected while services and goods tax revenues were lower than forecast. The outlook remains positive according to the country's government which plans to see a national account surplus in the first half of 2015.


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