7,000 jobs for just $240,000 – and a bridge!
The Herald reports:
Numbers published on the Ministry of Business, Innovation and Employment (MBIE)’s website show more than 10,000 jobs are expected to be created as a result of Provincial Growth Fund (PGF) announcements made last year.
Of that, 7000 – almost 70 per cent – are estimated to come from just one project: The East Bay of Plenty Regional Development Project Implementation.
This project was allocated just under $240,000 for “funding a position to manage and report on 65 key economic development projects”.
This almost rises to the level of fraud.
Claiming 7,000 jobs are likely to be created by one $240,000 grant is voodoo economics. Hell even voodoo doctors are not that fraudulent.
I’m surprised they didn’t also try to sell them a bridge at the same time.