Vote Economic Development
MINISTER(S) RESPONSIBLE FOR APPROPRIATIONS: Minister for Economic Development (M25), Minister for Small Business (M62), Minister for the Rugby World Cup (M79)
ADMINISTERING DEPARTMENT: Ministry of Economic Development
MINISTER RESPONSIBLE FOR MINISTRY OF ECONOMIC DEVELOPMENT: Minister for Economic Development
Overview of the Vote
The Minister for Economic Development is responsible for appropriations in the Vote for the 2010/11 financial year covering the following:
- a total of just under $21 million for policy advice on economic, industry and regional development policies and initiatives to promote sustainable economic development and issues related to small and medium enterprises
- a total of just under $159 million for New Zealand Trade and Enterprise operating expenses
- a total of just under $33 million for New Zealand Trade and Enterprise cash grant schemes
- a total of just under $92 million for other services related to firms and industry
- a total of $5.400 million for capital expenditure in the Ministry of Economic Development, and
- a total of just over $8 million for capital investments in the early stage equity finance markets and offshore market development assistance to business.
Details of these appropriations are set out in Parts 2-6 for Vote Economic Development in the Information Supporting the Estimates of Appropriations.
