CANBERRA (CU)_The federal government of Australia, on Wednesday (29 September), confirmed that the projected figures for the budget deficit in May was $27 billion higher than the actual figure. According to Treasurer Josh Frydenberg, the actual deficit for the 2020-21 budget was $134.2 billion, while a few months ago this figure was anticipated to be $161 billion.
Announcing the data yesterday, Frydenberg noted that the “key driver” behind the improved figures was the decline in…