The Māori Economic Taskforce was established in March 2009 as a result of the Māori Economic Summit. The Taskforce is a key initiative for the enhancement of Māori economic prosperity and contributes to the work programme of the Prime Minister's Jobs Summit.
Māori have made significant social and economic gains in recent years. More Māori are employed in a wider range of jobs and have better qualifications than just a decade ago.
Māori assets have increased in value and there are now more Māori businesses engaged across sectors.
On 28 January 2009, the Minister of Māori Affairs held an Economic Summit to canvass ideas and potential initiatives to ensure Māori could both mitigate the effects of the economic downturn and position themselves to reap the benefits of economic recovery. The Māori Economic Taskforce is the brainchild of this workshop and will support the introduction and implementation of initiatives to enhance Māori economic prosperity in the short-term and beyond the recession, as well as promote and utilise kaupapa Māori and Māori structures as drivers of prosperity.
The Taskforce has a budget of $4.5 million per annum to research and implement initiatives.
Last modified: 15/01/2010
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