New Zealand PM Luxon:

• Government committed to putting debt on a downward path towards 40% of GDP, returning to Obegalx surplus by FY 2028/29
• Net operating spending on new initiatives will total NZ$2.1 bln, about NZ$300 mln less than set in December
• Global uncertainties reinforced importance of responsible economic management and fiscal discipline

This article was written by Eamonn Sheridan at investinglive.com.