“We’re in an incredibly fortunate position,” said the minister. Robertson, who is also finance minister, delivered New Zealand’s latest government budget earlier on Thursday. One of the budget highlights was boosting weekly welfare payments by up to 55 New Zealand dollars (around $39.50) per adult to tackle inequality and child poverty. Robertson said in his budget speech that the planned increase will be the largest in “more than a generation.” New Zealand’s Treasury has forecast a strong economic rebound in the years ahead. The economy is expected to grow 2.9% in the fiscal year ending June 2021, before reaching 3.2% and 4.4% in the following two years, according to the Treasury.

https://www.cnbc.com/2021/05/20/new-zealand-budget-2021-economic-growth-covid-recovery-.html