💨 Abstract

The New Zealand government announced a new NZ$190 million social investment fund for its 2025 budget, aiming to help vulnerable populations. Finance Minister Nicola Willis plans to invest in 20 initiatives over the next year, with a tracking system to assess their impact. The fund prioritizes data-driven investments, aiming to reduce future budget pressures. Over the next two to three years, significant funding may shift from current social services to this new fund as providers develop innovative approaches.

Courtesy: theprint.in