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MBIE's funding of NZTE and savings target

Sarah Hillsdene made this Official Information request to Ministry of Business, Innovation & Employment

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From: Sarah Hillsdene

Dear Ministry of Business, Innovation & Employment,

Please can you provide the date for when NZTE was informed of its savings target? It is my understanding that MBIE allocates NZTE with its annual funding.

Note, this is not in relation to NZTE's 2023 COVID funding reduction, but specifically this relates to the savings targets that most agencies and departments were issued from December 2023 onwards. i.e. 6.5% or 7.5% etc.

When did MBIE provide the target to NZTE and what was the percentage (as above)?

Yours faithfully,

Sarah

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From: Ministerial Services
Ministry of Business, Innovation & Employment


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Ref: 2324-2485

 

Dear Sarah,

 

On behalf of the Ministry of Business, Innovation and Employment I
acknowledge your email of 9 May 2024 requesting under the Official
Information Act 1982 (the Act), the following:

 

‘Please can you provide the date for when NZTE was informed of its savings
target? It is my understanding that MBIE allocates NZTE with its annual
funding.

 

Note, this is not in relation to NZTE's 2023 COVID funding reduction, but
specifically this relates to the savings targets that most agencies and
departments were issued from December 2023 onwards. i.e. 6.5% or 7.5% etc.

 

When did MBIE provide the target to NZTE and what was the percentage (as
above)?’

 

We will endeavour to respond to your request as soon as possible, and no
later than 7 June 2024, being 20 working days after the day your request
was received. If we are unable to respond to your request by then, we will
notify you of an extension of that timeframe.  

If you have any enquiries regarding your request feel free to contact us
via email to [1][MBIE request email].

 

Nâku noa, nâ

 

Ministerial Services Business Advisory

Communications, Design & Ministerial Services

Hîkina Whakatutuki | Ministry of Business, Innovation & Employment

15 Stout Street, Wellington 6011 |  P O Box 1473 Wellington 6140

 

 

 

References

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1. mailto:[MBIE request email]
mailto:[MBIE request email]

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