Jones' last precious PGF drops

Fri, 25 Sep 2020

Regional economic development Minister Shane Jones is shouting gins on the West Coast, distributing some of the last, precious drops of the former $3 billion Provincial Growth Fund in the form of a $1 million loan to Reefton Distilling Co.The boutique gin and botanical spirits producer is the latest beneficiary of a ‘reset’ PGF, which has reallocated the last $600 million left in the three-year fund to create jobs in “short timeframes and bring immediate economic benefits.” The fund, established in February 2018 to...

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