NZ FinMin Robertson: Budget will support the economy while being cautious about debt

“The Budget will be a "Covid" Budget, in the sense of dealing with the ongoing effects of the pandemic. But as well as being a Covid Budget, Budget 2021 will also be a recovery and wellbeing budget,” New Zealand's Deputy Prime Minister and Finance Minister Grant Robertson said in his second-major pre-Budget speech early Monday.

Additional quotes

“Economic recovery so far gives the government more options.”

“There is scope to keep a lid on NZ higher debt levels, lower the debt once recovery is secure.”

“Not indicating any austerity measures to lower debt at this stage.”