3 May 2022

Finance Minister planning to introduce debt ceiling

From Morning Report, 8:36 am on 3 May 2022

The Finance Minister, Grant Robertson, has just delivered his pre-Budget speech in Wellington, in which he's announced plans to introduce a debt ceiling. The debt ceiling would require future government's to maintain a small surplus between zero and two percent of GDP, to help with rising inflation. Political reporter Giles Dexter was at the announcement. He spoke to Corin Dann.