New Zealand: Government approved a $216 million package as part of its COVID Response and Recovery Fund (CRRF)

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Description

On May 14th, 2020, the New Zealand government released its budget for 2020, which includes a $150 million (USD 90 million) fund for companies in the R&D sector. The capital will be dispersed in th...

Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 May 2020

Revocation date

13 May 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

Affected Products

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