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Budget 2009: AXA Budget Commentary 2009
Friday 29th of May 2009
They have largely achieved that. While operating balances will deteriorate in the short-term, a return to surplus is forecast for 2017. It's at this time that the projected path for net debt starts to turn down again.
But the Government has had to make some hard decisions to achieve that. The next two planned tranches of personal income taxes have been deferred. Also, automatic contribut...
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