WELLINGTON Cheap Carolina Panthers Jerseys , June 6 (Xinhua) -- The New Zealand government accounts showed a surplus of 2.5 billion NZ dollars (1.8 billion U.S. dollars), although about 1 billion NZ dollars of that is due to timing differences that are expected to reverse out in May, Finance Minister Steven Joyce said on Tuesday.
"While the accounts for the year-to-date are 1.6 billion NZ dollars stronger than was forecast at the Budget Economic and Fiscal Update Vernon Butler Panthers Jersey , the bulk of this change is due to a timing difference of company taxes," Joyce said in a release.
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The government revenue was 1.1 billion NZ dollars higher than expected for the 10-month period, while government expenditure was 400 million NZ dollars less than what was expected, according to the release.
Net debt is currently at 24 percent of gross domestic product (GDP).
"It is important not to take too much from a single month's figures particularly because of the timing differences noted by the Treasury Ian Thomas Panthers Jersey ," Joyce said.
"However, the accounts overall do underline the government's improving fiscal position as a result of our strong economic plan," he said.
"It is only by having this strong economic plan that we get to make the sort of choices we were able to make in the recent budget Rashaan Gaulden Panthers Jersey , and only a strong economic plan will give us the capacity to make more positive decisions into the future," he said.
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RIO DE JANEIRO, Aug. 8 (Xinhua) -- Nigeria's Quadric Aruna proved himself the true giant-killer in the 2016 Rio Olympic Games table tennis tournament after showing the door out to German veteran Timo Boll here on Monday.
The unexpected victory made Aruna the first African ever in an Olympic quarterfinal of table tennis.
"It feels so good!" said Aruna, who turns 28 on Tuesday. "It's like a dream come true. I didn' t expect to go far like this, though I actually believe in myself. Be in quarterfinals is like a miracle to me. I really can' t explain what has been going on."
Rushing into the last 16 as the underdog, Aruna went surprisingly three sets up with fierce attacks before the former world No. 1 German finally found the right rhythm against the unpredictable Nigerian to pull two sets back.
It's too late for Boll to manage a total comeback, however, losing 12-10, 12-10, 11-5, 3-11, 5-11, 11-9.
"When I was 3-0 up, Timo blocked almost all my attacks," said Aruna. "I think I was lucky that it didn't go 3-3 because I would have no chance to play against Timo at that time."
"Timo is amazing. He never gave up, even when I put a lot of pressure on him," he added.
It has been Boll' s fifth Olympic Games and the fourth time that the once European "Golden Boy" failed to qualify for the quarters.
"A lot of people were very surprised about Quadric Aruna, not expecting him playing such a high level," said the 35-year-old. "It's also my first time playing him. I really needed a few sets to get control of the game. But finally it was too late."
"He was leading 3-0 and I found better tactics to turn it 2-3, leading also in the sixth set. But he was risking a lot and he deserved to win because he played really fantastic," added Boll.
The German star paddler has been the second big-name victim under Aruna's racket after the world No. 40 made a brief through into the last 16 by beating the fifth seed Chuang Chih-Yuan of Chinese Taipei in straight sets.