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2011 New Zealand budget
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New Zealand budget 2011 New Zealand 2010 New Zealand budget 2010 2012 New Zealand budget 2012 File:Coat_of_arms_of_New_Zealand.svg 200px Bill English Parliament of New Zealand National $57 billionhttp://www.treasury.govt.nz/budget/2011/execsumm/b11-execsumm.pdf Budget 2011 - Minister's Executive Summary 20 March 2015 19 May 2010 https://web.archive.org/web/20160213085449/http://www.treasury.govt.nz/budget/2011/execsumm/b11-execsumm.pdf 13 February 2016 dead $72.8 billion -$16.7 billion $41.5 billion (Net) 20.8% (Net debt to GDP) ǂNumbers in italics are projections.
The New Zealand budget for fiscal year 2011-2012 was presented to the New Zealand House of Representatives by Finance Minister Bill English on 19 May 2011.http://www.treasury.govt.nz/budget/2011 Budget 2011 New Zealand Treasury 19 May 2010 20 March 2015
This was the third budget Bill English has presented as Minister of Finance.
Outline
Budget 2011http://www.beehive.govt.nz/newsletter/building-our-future-budget-2011 Budget 2011 home page The Beehive 20 March 2015 19 May 2010 https://web.archive.org/web/20150120034813/http://www.beehive.govt.nz/newsletter/building-our-future-budget-2011 20 January 2015 dead was delivered following earthquakes which devastated Christchurch and included a $5.5 billion rebuild package for the city.
The 2011 Budget was a "zero Budget" meaning no net new spending over four years. $5.2 billion was prioritised over four years for spending on mostly targeted at health, education and infrastructure. Individual and employer KiwiSaver contributions were increased.
The Budget announced the part-sale of five state-owned enterprises with the Government keeping majority (51%) control.
The 2011 Budget forecast a return to fiscal surplus to 2014/15.
References
Budget, 2011
Category:New Zealand budgets
New Zealand Budget
Category:May 2011 in New Zealand