27 Aug 2018

Cook Islands notches big surplus in last financial year

From , 5:02 am on 27 August 2018

The Cook Islands government has announced a huge surplus for the financial year ending on 30 June 2018.

After forecasting a surplus of $US321,000, the final quarterly report shows the government's coffers were up by $US24.2 million.

Finance minister Mark Brown told Don Wiseman a surplus like this will take some pressure off, especially with costly infrastructure projects looming.

Cook Islands Prime Minister Mark Brown

Cook Islands Prime Minister Mark Brown Photo: Phillipa Webb / Cook Islands News