New Zealand PM Defends Economic Strategy Ahead of Key Fiscal Update

New Zealand Prime Minister Christopher Luxon defends his coalition government’s economic growth amid fiscal responsibility concerns. As the Treasury’s half-year fiscal update approaches, Luxon emphasizes commitment to achieving a budget surplus despite economic challenges. Finance Minister Nicola Willis signals a cautious approach, prioritizing prudent fiscal decisions over strict surplus targets. The upcoming update is expected to shape the government’s economic strategy as New Zealand navigates a complex financial landscape.