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Budget Policy Statement 2010

Conclusion

New Zealand has come through a once-in-a-generation world crisis intact. The crisis has left a hole in the Government’s books that will take several years to rectify. Nonetheless, this phase is passing. The emergency measures put in place over the past year have worked and will probably not need repeating.

The challenge now is to get the economy growing again at a substantial rate that will meet our income and jobs aspirations. We have identified a range of areas to lift productive investment and improve growth. Now the defining challenge begins. Budget 2009 got us on the road to recovery. Budget 2010 will build on that to ensure we achieve a step change in economic performance.

Hon Bill English
Minister of Finance

8 December 2009

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