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30 Jul 2025 21:54
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  •   Home > News > Politics

    The Government has begun looking for possible areas for cutbacks for next year's Budget

    The Government has begun looking for possible areas for cutbacks for next year's Budget


    Associate Finance Minister David Seymour said he hopes the Government can equal or exceed the savings achieved in its first two Budgets.

    He says the Government's trying to reduce its spending from about 35-percent of GDP, to about 31.

    Seymour says it's an ongoing process of "looking behind the couch" for savings.

    He says it's a matter of every year, every Budget, finding things that the Government would never have started, and stopping them.

    © 2025 Newstalk ZB, NZCity

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