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‘Rebounded with robust growth’: NZ reveals plan for economy

The New Zealand government has revealed its ‘wellbeing’ budget.

The focus is on lifting welfare benefit rates and billions of dollars of funding towards rising inequality, housing and climate.

Budget papers say New Zealand’s economy has “rebounded with robust growth” from the peak of the pandemic.

Prime Minister Jacinda Ardern says she’s “proud” of the budget that will “leave a legacy for the next generation”

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