New Zealand has announced it will invest 264.6 million New Zealand dollars ($157 million) into the country’s sports and recreation sector to help mitigate the “significant impact Covid-19 has had on the sector.”
In a news release issued Sunday, Sport New Zealand said the investment would be rolled out as part of Budget 2020 and that the investment will be spread over four years. The release also pointed to the “important role play, active recreation and sport” have on New Zealand’s economy, mental and physical wellbeing.
“Just about all sources of funding have dried up for sports and recreation under Covid-19,” Minister for Sport and Recreation Grant Robertson said in a Facebook post. “Sport plays a really important role in drawing our communities together and we need the clubs and codes operating as soon as we can.”
Via Reuters
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