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NZ FinMin Robertson: NZ will target debt of 15 to 25% of GDP from FY 2021/22

New Zealand’s (NZ) Finance Minister Grant Robertson was on the wires earlier today, via Reuters, making his pre-budget speech.

Key Comments:

New Zealand government to shift to a net debt target range.

NZ will target debt of 15 to 25% of GDP from FY 2021/22.

Debt range to give the government more flexibility.

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