Government plans on borrowing likely....>

NEW ZEALAND: Government plans on borrowing likely billions to fund a

'significant' infrastructure spending spree (NZ Herald)

- The Government has signalled its intentions to take advantage of the all-time

low cost of borrowing to bring forward a "significant" amount of spending on

infrastructure projects. But there is little detail about the size and scale of

the spending package - the Government promised to unveil more information at the

Half Yearly Economic and Fiscal Update (HYEFU) next month. Speaking at Labour's

annual conference this afternoon, Finance Minister Grant Robertson said the

Government has a "once in a generation" fiscal opportunity.

- Link: https://tinyurl.com/txxr5ts