March 04, 2016
Slow treaty process helps government books
Delays in concluding treaty settlements have helped the government post a $934 million surplus in the seven months to January 31.
Finance Minister Bill English says the settlements forecast in the December half year update won't now come through until later in the year at least .
The was also a $117 million underspend in the education sector.
This time last year the surplus was $77 million.
Core Crown revenue was $42.5 billion, $200m higher than forecast because of increased gst revenue.
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