Half Year Economic and Fiscal Update 2020

The update includes Treasury's economic forecasts and the forecast financial statements of the Government incorporating the financial implications of government decisions and other information relevant to the fiscal and economic outlook.

Half Year Economic and Fiscal Update 2020
Published: 16 December 2020
Parl. Number: B6
ISBN: 978-1-99-004500-4 (Online)
HYEFU 2020 cover
Half Year Economic and Fiscal Update 2020
PDF, 1.63 MB
Half Year Economic and Fiscal Update 2020 - Charts and Data
XLSX, 842 KB


  • Statement of Responsibility
  • Executive Summary
    • The impacts of the response to COVID-19 on the economic and fiscal outlook
  • Economic Outlook
    • Overview
    • Economic Outlook
  • Fiscal Outlook
    • Overview
    • Key Trends in the Fiscal Outlook
    • Comparison to the Pre-election Update
    • Operating Balance before Gains and Losses
    • Residual Cash and Net Core Crown Debt
    • Total Crown Balance Sheet
    • Key Economic Assumptions used in the Forecast Financial Statements
  • Risks to the Fiscal Forecasts
    • Overview
    • COVID-19
    • Fiscal Sensitivities
    • Balance Sheet Risks
    • Specific Fiscal Risks
    • Statement of Specific Fiscal Risks
    • New Risks by Portfolio
    • Changed Risks by Portfolio
    • Updated Risks by Portfolio
    • Risks Removed Since the Pre-election Update
    • Contingent Liabilities and Contingent Assets
  • Forecast Financial Statements
    • Statement of Accounting Policies
    • Government Reporting Entity
    • Forecast Financial Statements
    • Notes to the Forecast Financial Statements
    • Forecast Statement of Segments
    • Fiscal Indicator Analysis
  • Core Crown Expense Tables
  • Glossary of Terms
  • Time Series of Fiscal and Economic Indicators
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