Jury still out on value of PGF initiatives, says BERL

Source: MakeLemonade.nz

Headline: Jury still out on value of PGF initiatives, says BERL

Wellington – The Provincial Growth Fund (PGF) has the potential to be a lifeline for struggling provinces and regions. “But last week’s announcement of initial projects was disappointingly light”, according to BERL deputy chief economist Hillmaré Schulze. The recently announced $3 billion Provincial Growth Fund is the largest injection of central government funding into provincial New…

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