Cabinet paper

Cabinet Paper CAB-20-SUB-0531: Economic Response to Future Resurgences of COVID-19

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Only the Proposal and Relation to government priorities sections of this Cabinet paper are extracted below in HTML. If you require a full HTML version please contact [email protected] and cite CAB-20-SUB-0531 as a reference.

Cabinet Paper CAB-20-SUB-0531: Economic Response to Future Resurgences of COVID-19#

Proposal

  1. This paper seeks agreement to a sustainable and proportionate economic support package for use in the event of further resurgences of COVID-19 in the community.

Relation to government priorities

  1. This proposal supports the Government’s first overarching objective to keep New Zealanders safe from COVID-19, including by protecting jobs and livelihoods, and strengthening the economy. It does so by ensuring a package of financial support is in place for businesses and individuals in the event of Alert Level escalations following future resurgences of COVID-19 in the community, with the aim of limiting the economic and social impacts if outbreaks occur. It also seeks to reduce the risk of resurgences by supporting workers to stay home when sick. These goals are complementary, as protecting New Zealanders from the virus will also support economic activity resuming quickly after any outbreaks.

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