As New Zealand's lead advisor to the Government on economic and financial policy, the Treasury plays a critical role in helping the Government set budgets and in preparing forecasts.
The Treasury helps in the preparation of the government's annual Budget by:
- advising the Minister of Finance on Budget policy
- compiling and processing budget initiative proposals from Vote Ministers, and
- preparing budget documents such as the Estimates, the Budget Economic and Fiscal Update and the Fiscal Strategy Report.
A list of past and current budgets can be found here.
The next Budget release will be delivered by the Minister of Finance, Hon Grant Robertson on Thursday, 17 May 2018.
The Treasury's forecasts for Government finances (or fiscal forecasts) are published at least twice a year in Economic and Fiscal Updates (EFUs).
The most recent published forecast is the Half Year Economic and Fiscal Update 2017 (HYEFU) published 14 December 2017.
The next forecast will be the Budget Economic and Fiscal Update 2017 (BEFU) will be on Thursday, 17 May 2018.