Stop the corporate welfare
Summary by Kiwiblog
1 Articles
1 Articles
Stop the corporate welfare
The Herald reports: More than half of the $257 million loan book held by the Government entity formerly known as the Provincial Growth Fund is considered to be at risk of impairment or default. The surge in at-risk loan advances made by Crown Regional Holdings (CRH) – a vehicle used by the Government to warehouse policies intended to promote provincial growth or regional infrastructure – were laid bare in its long-delayed annual report tabled t…
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