Economy

Budget 2019: Shane Jones’s $3B Provincial Growth Fund two-thirds committed

Pattrick Smellie
Thu, 30 May 2019

By Pattrick Smellie May 30 (BusinessDesk) - Announcements in the Budget indicate that two-thirds of the $3 billion available for distribution from the Provincial Growth Fund has now been committed. With $1.7 billion of projects already announced, the Budget adds $300 million for regional rail projects, which are themselves part of almost $1.6 billion in capital funding for rail in the Budget, and $40 million in funding each for waste and energy projects. That means that some $2.08 billion of funding is either committed or “earmarked” t...

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