Essentially, our current 20 per cent target falls in the middle of the new range that will exist from 2021/22 onwards," he said. National's Finance spokeswoman Amy Adams said Robertson had thrown in the towel by scrapping his self-imposed debt target. "The Government have just made a significant shift on their budget responsibility rules, specifically their debt target … Now it is admitting that this Government has over-promised and cannot deliver." I am pleased that Ms Adams has confidence I'll be the Finance Minister then. This is simply about going the facility to be able to have a debt range depending on the circumstances."

Source: Stuff May 23, 2019 00:59 UTC