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4 Jul 2025 17:46
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  •   Home > News > Politics

    Auckland's Delta lockdown came with a whooping price tag -- but national debt is lower than feared

    Auckland's Delta lockdown came with a whooping price tag -- but national debt is lower than feared


    A Covid-19 paper produced by Treasury in November last year reveals heightened Covid-19 restrictions cost the economy eight-billion dollars.

    The true figures will be released when Statistics New Zealand publishes its economic data for the three months to December on March 17.

    The most interim Crown accounts, covering the four months to October 31, show Net core Crown debt as 8.5-billion dollars less than expected.

    It totaled out at just over 116-billion dollars - or 34.2 percent of GDP.

    © 2025 Newstalk ZB, NZCity

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     04 Jul: A West Coast Tasman MP wants a 'mini-version' of the Government's fast-track system, to speed up consent processing
     04 Jul: Central Otago's Cardona Hotel is on the market for the first time in more than a decade
     04 Jul: Tasman residents have been left with conflicting messages over what to do when mobile phones have no service
     04 Jul: The Prime Minister's placed the blame for the loss of a multi-million dollar satellite, squarely at the feet of the previous government
     03 Jul: A criminal defence lawyer isn't sure changing trespassing laws will significantly affect retail crime
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