Hon GRANT ROBERTSON: Well, in the characteristic style of the IMF, they said that in New Zealand, "The normalization of macroeconomic policies had started, as fiscal COVID-19 support measures have been scaled down". They did point out, however, that "During the exit from the exceptional, crisis-related policy support, the pace of … [withdrawal] needs to be calibrated carefully." In response to the Omicron outbreak, the IMF welcomed the limited and targeted support to businesses in need "without adding materially to aggregate demand pressures." The IMF also noted the temporary reduction of fuel taxes provides relief at the pump to motorists, though it does favour relief to consumers dealing with cost of living increases being targeted at vulnerable households. We are making sure that our spending continues to be carefully prioritised and targeted at the areas and people that require it the most, and from this Friday, 1 April, we are supporting low and middle income New Zealanders dealing with cost of living increases through increases to Working for Families, superannuation, benefit levels, student allowances, and the minimum wage, while the winter energy payment kicks in from the beginning of May. 