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What's In The Budget For Research And Innovation?

You will be aware the Government has announced its Budget today, and you may be looking for more details of what's in it.

The Government sees a key role for RS&T in transforming the New Zealand economy. In line with this it has announced some of the largest increases in investment for the RS&T sector in a decade. The increases are grouped in three areas reflecting Government priorities:

1 The largest ever increase in R and D support for the private sector. 2 Increased funding for basic research. 3 More targeted investment in areas of high need for New Zealand.

To find out more about the contents of the Budget for RS&T, you can visit an electronic bulletin we have prepared by following this link.

You should note that all references to increased investment in this bulletin are net increases in 2000/01 compared to 1999/2000. These net increases include new initiatives being announced for the first time in this Budget as well as some commitments made in previous Budgets.

Thanks for your interest in these important changes.

Kind regards,

Piet de Jong Communications Adviser Ministry of Research, Science and Technology Phone 04-471-6923 or 021-680-435

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