Opinion
Recent Treasurey figures show the Government's gross debt total now stands at $71.6 billion.
The Government is borrowing an extra $5 billion this year to take advantage of good interest rates, Finance Minister Bill English says.
Council of Trade Unions economist Bill Rosenberg said the Government was misleading people by saying it was borrowing $380 million a week as he thought it was more like $274m a week over four years, with $176m of that new borrowing with the rest servicing debt.
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