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The Government is investing the first $33.8 million of proceeds from the Future Investment Fund into upgrading school IT networks, Education Minister Hekia Parata and Associate Education Minister Craig Foss say.
This is part of the $1 billion ring-fenced in the fund for investing in the Government’s 21st Century Schools programme. The fund is established in Budget 2012 to invest the $5 billion to $7 billion expected proceeds from the Government’s partial share sales of five SOEs.
- Craig Foss
- Hekia Parata
- Budget 2012
- Education