PGF funding being repurposed to help protect jobs and businesses
Published: Mar 27, 2020
The Provincial Development Unit is working across government, business, and industry to protect jobs and businesses as the global economic downturn due to the COVID-19 outbreak continues to impact on our regions.
The Provincial Growth Fund (PGF) is still in action and will be even busier over the next few weeks as it rolls out more financial support for the regions.
Funds that are unallocated from the PGF are to be redirected into regional projects that will have an immediate impact to support workers and businesses, and stimulate local economies.
More information will be communicated by ministers in the coming weeks about how and where this will be done.
The PGF is working at a reduced capacity due to New Zealand’s COVID-19 Alert Level status and there may be delays in responding to emails and returning calls.