The Government will continue to invest in infrastructure to make the economy more resilient to extreme weather, even as budgets are being reined in elsewhere. Robertson said Budget 2023 would include funding for more investment in the infrastructure rebuild from cyclone and floods, as well as “national resilience projects” to protect communities from future risks. “Decades of failing to maintain and enhance our infrastructure has been exacerbated by failing to plan and build for population growth. Robertson said it was the Finance Minister’s job was to invest for the future and provide core services, while maintaining enough room on the balance sheet to respond to crises. Government finances were currently in a position that allowed investment in infrastructure, while supporting the most vulnerable members of society.

Source: Stuff May 12, 2023 04:13 UTC