The Pacific
Business Trust gets a $500,000 increase in the
budget.
Pacific Island Affairs Minister Mark Gosche said
the new funding would help the trust assist Pacific
businesses nationwide and focus on skills unique to Pacific
people, particularly in design, fashion and the
arts.
"Pacific art is a dynamic, unique and growing sector
whose artists need support and advice.
"The Government's
commitment to help develop Pacific businesses shows that we
are prepared to lead economic and social transformation
throughout communities to build a stronger economy, society
and future for all New Zealanders," Mr Gosche said.
The
Pacific Business Trust is an Auckland-based crown entity
that provides low-interest loans and business development
advice to Pacific businesses and scholarships for young
people.
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