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AAP
AAP
Business
Luke Costin

NSW deficit doubles, weighed by flood and pandemic

NSW Treasurer Matt Kean says only the coalition government can return the budget to surplus. (Bianca De Marchi/AAP PHOTOS) (AAP)

The pandemic and extensive flooding is being blamed for a doubling of next year's NSW budget deficit and smaller future surpluses.

The state's mid-year budget update projects the deficit in the current 2022/23 financial year will grow to $11.4 billion, up $140 million from the figure estimated last June.

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