Government guarantee up to 80% of long-term bank loans

Government guarantee up to 80% of long-term bank loans

Scheme to help companies out of Covid-19 pandemic Venkat Raman Auckland, August 20, 2020 The New Zealand government will guarantee bank loans up to 80% of the amount lent by commercial banks in the latest of measures to revive the economy. Finance Minister Grant Robertson announced today an expanded version of the ‘Business Finance Guarantee Scheme,’ under which the maximum…

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New Zealand must sign UN Anti-Corruption pledge

New Zealand must sign UN Anti-Corruption pledge

Wellington, August 20, 2020 Transparency International New Zealand (TINZ) has urged and continues to encourage government watch dogs to keep vigilant while the coalition Government is spending rapidly to buffer the economic impact of the Covid-19 lockdown on households and business. With the uncertainties of the virulent pandemic – highlighted by the latest outbreaks – watchdog roles are essential. The…

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National will enforce compulsory testing for all travellers

National will enforce compulsory testing for all travellers

Border and Covid-19 Management Policy announced Venkat Raman Wellington, August 20, 2020 A negative Covid-19 test before arrival, compulsory contract tracing and a test-on-demand system are some of the major changes to border control promised by the National Party if elected to power in the ensuing general election on October 17, 2020. Announcing the Border and Covid-19 Management Policy, National…

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