The Finance Minister says today's OECD report reinforces what the nation needs ahead of the 2024 Budget.

The OECD's biennial report has warned inflation is likely to be persistent - and the Government should set polices to reduce the deficit.

Minister Nicola Willis says it's clear New Zealand needs to get spending under control and invest in crucial areas.

"Get policies in place that will boost business, ensure that we sort out our education system, our planning system, our overseas investment regime so that we can grow our economy and go for wealth again."

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