‘Deficit juggling act’
PA Wellington The Democratic Party leader, Mr Beetham, yesterday described the Government’s changes to the public sector as a deficit juggling act The main object of the revenue-saving exercise was political, he said.
It was designed to reassure the business community that with a
claimed $9OO million saving possible from the reorganisation, the $lOOO million deficit which was built into the October tax package could be offset without a major blowout in the over-all budget deficit for the 1986-87 year, he said. The method the Minister of Finance, Mr Douglas, had chosen to achieve a greater degree of effi-
ciency in the State sector would be highly inflationary as well as of dubious value.
Charging for Government services without any competition from the private sector was no guarantee of increased efficiency in the public sector, Mr Beetham said. It was merely a sure way of increasing over-all prices to the consumer.
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Press, 21 May 1986, Page 10
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154‘Deficit juggling act’ Press, 21 May 1986, Page 10
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