The Government is confident it's on the right track to deliver, despite tough economic times ahead.

Net debt is $3.5 billion less than expected, at $70.5 billion in the seven month period to January 31.

Finance Minister Grant Robertson told Mike Hosking a large number of countries are expected to end up in recession.

He believes if New Zealand does, it'll be shallow and the country will come out strong.

Debt to GDP is slightly under 19 percent, less than other countries.

LISTEN ABOVE

The Government is confident it's on the right track to deliver, despite tough economic times ahead.
Net debt is $3.5 billion less than expected, at $70.5 billion in the seven month period to January 31.
Finance Minister Grant Robertson told Mike Hosking a large number of countries are expected to end up in recession.
He believes if New Zealand does, it'll be shallow and the country will come out strong.
Debt to GDP is slightly under 19 percent, less than other countries.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.