Westland Milk loan heightens PGF slush fund suspicions

Thu, 27 Dec 2018

Comment by Jenny Ruth Dec. 28 (BusinessDesk) - Regional Economic Development Minister Shane Jones’s $3 billion Provincial Growth Fund has the laudable aim of enhancing development opportunities in the regions. But National’s Paul Goldsmith’s dogged unanswered questioning inevitably raises the spectre that the fund may be little more than Jones’s slush fund. The Ministry of Business, Innovation and Employment, which administers the fund, describes the fund’s aims as “to lift productivity in the provinces. Its priorities are to enhance e...

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