He Tirohanga Mokopuna: 2016 Statement on New Zealand's Long-term Fiscal Position
Published 22 Nov 2016
Presented to the House of Representatives Pursuant to Section 26N of the Public Finance Act 1989.
This is the fourth in the series of Statements on the Long-term Fiscal Position published by the Treasury.
The Treasury is required under the Public Finance Act 1989 (as amended in 2004) to publish a statement at least every four years and each statement must have a projection-horizon of at least 40 years.
Background papers that informed the development of He Tirohanga Mokopuna are available at http://www.treasury.govt.nz/government/longterm/fiscalposition/2016. The Treasury has also prepared an A3 overview document: Statement on New Zealand's Long-term Fiscal Position - At a glance.
Read the related media statement The Treasury Publishes Statement on the Long-Term Fiscal Position (22 November 2016) and the speech notes by the Secretary to the Treasury, Gabriel Maklouf: Prosperity, Preparedness, Providence: Why Fiscal Policy and Management Matter (22 November 2016).