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Aus budget to prioritize unemployment over debt: Treasurer
TIWN
Aus budget to prioritize unemployment over debt: Treasurer
PHOTO : TIWN

Canberra, Sep 27 (TIWN) Australian Treasurer Josh Frydenberg on Friday declared that the government will not embark on budget repair until the unemployment rate falls back below 6 per cent.

With the Australian budget for financial year 2020/21 set to be handed down on October 6, Frydenberg said that paying down the deficit while unemployment remained high would be “damaging” to the economy, reports Xinhua news agency.

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