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Financial Statements for the ten months ended 30 April 2016
Financial Statements of the Government of New Zealand for the ten months ended 30 April 2016
The Financial Statements of the Government of New Zealand for the ten months ended 30 April 2016 were released by the Treasury today. The statements are compared against forecasts based on the 2016 Budget Year Economic and Fiscal Update (BEFU) published on 26 May 2016.
While for the most part results were consistent with the BEFU forecasts, there were some timing-related variances (eg, corporate tax revenue and cash payments) that we expect to reverse by 30 June.
The full report is available here
ENDS
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