11409 (2024). Hon Barbara Edmonds to the Minister of Finance

11409 (2024). Hon Barbara Edmonds to the Minister of Finance: What are the savings and performance tools mentioned by the Minister in Cabinet Paper CAB-23-SUB-0490?

Hon Nicola Willis: The Government established a multi-year Fiscal Sustainability Programme in December 2023 to generate headroom, tighten fiscal discipline, and ensure collective ownership and accountability for the fiscal position (CAB-23-MIN-0490). The first phase of the programme had a focus on freeing up headroom for Budget 2024, supported by the Budget 2024 Initial Baseline Exercise. Phase two of the programme will commence after Budget 2024, focusing on driving greater value and results from public expenditure and securing a sustainable fiscal outlook. My officials will shortly provide me with detailed advice on phase two, including on Performance Plans. Further, I have indicated we will be looking at the Public Finance Act 1989, and fiscal management and public sector performance will be key considerations when I do so.