The Opposition accused the Government of presenting an election Budget and doing nothing to reduce over-spending in areas noted by the Grants Commission.
It said the deficit was really $64 million, to be funded by reserves $28 million and borrowings of $36 million. The Government was now committed to borrow $212 million over five years.
Revenue was up $11 million this financial year, though the Government had said it would fall.
The Opposition finance spokesman, Trevor Kaine, said the program of 2 per cent across the board “”efficiencies” had been mindless. It was better to target cuts.
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