NZ's Finances: Dr Cullen Reviews The PREFU - PM Talks Credit Crisis

The Treasury's Pre-Election Economic and Fiscal Update report, published today, highlights the benefits of maintaining strong Crown accounts during the good times in order to help us through the hard times, Finance Minister Michael Cullen said today. "Thanks to the prudent approach to fiscal management that we have taken over the past nine years, we will not have to descend into any slash and burn response to the current slowdown as previous governments have so often tragically done in our nation's history during previous economic downturns," Dr Cullen said. More >> (Image: PM talks to reporters at Michael Fowler Center - Click for audio)

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