| Finance |
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| Budget shows strong economic and fiscal stewardship |
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"Budget 2002 is about earning re-election, not buying it," Finance Minister Michael Cullen says. "It is emphatically not the traditional election year lolly scramble but instead seeks to enhance the government's credentials as a prudent fiscal manager." |
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| Budget affirms commitment to security in retirement |
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Budget 2002 demonstrates the government's strong commitment to maintaining security of income for older New Zealanders, says Finance Minister Michael Cullen. The budget figures show the New Zealand Superannuation Fund will have reached almost $9 billion by 2005-06 and that the projected surpluses over the forecast period will be sufficient to both meet the Fund contributions and the government's debt targets. |
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