The Wellbeing Budget

Transforming the economy

Initiatives: Supporting regional economic development and growth

The Provincial Growth Fund

$281.1 million operating
$855 million capital

This funding supports projects through the Provincial Growth Fund that lift regional productivity potential.

Transforming New Zealand Forestry: Growing a Vibrant and Inclusive Low-Emissions Economy

$42.4 million operating
$7 million capital

This initiative supports scaling up Te Uru Rākau to promote the growth and ongoing sustainability of the forestry sector.

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