Source: New Zealand Labour Party
You’ll have to wait and see: details will only be released in full on Budget Day, 20 May. But Finance Minister Grant Robertson has said that Budget 2021 will be a Recovery Budget. Even though the scale and urgency of the response differ from last year, Budget 2021 will recognise that the health and economic impacts of COVID-19 are still being felt and will be for some time to come.
The Government’s top priorities, which will be reflected in the Budget, are to keep Kiwis safe from COVID-19, accelerate our economic recovery, and address housing affordability, climate change, and child wellbeing. With the Government playing such a big role to support the economy, this year’s Budget will establish an Implementation Unit to make sure that we are getting value for money.
The Budget will align with the Government’s careful approach to money management, making sure investment goes where it is needed most. This will make sure we can take big strides on key priorities as we recover and rebuild, working towards a productive, sustainable and inclusive economy.
