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Trade agency to slash budget as Covid funding ends

NZTE will halve its high-growth fund and cut frontline staff to find $44m in savings.

Fragrance exporter Abel says NZTE's help has been invaluable.

Maria Slade Fri, 22 Sep 2023

Government trade promotion agency New Zealand Trade and Enterprise is having to slash $44 million out of its annual costs as Covid-19 recovery funding comes to an end.

The cuts will mean a halving of its International Growth Fund supporting high-growth Kiwi exporters, and frontline job losses.

It had

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Trade agency to slash budget as Covid funding ends
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