Monday, 22 September 2008, 11:23 am
Press Release: New Zealand Government
Rt Hon Helen Clark
Prime Minister of New Zealand
Hon Winnie Laban
Minister of Pacific Island Affairs
22 September 2008 Media Statement
Law change paves way for lower remittance costs
The Labour-led Government has taken a significant step towards reducing the cost of remitting money from New Zealand to Pacific countries.
Prime Minister Helen Clark and Pacific Island Affairs Minister Luamanuvao Winnie Laban today announced Cabinet’s approval of a new regulation under the Financial Transactions Reporting Act to reduce the high costs of sending money between New Zealand and the Pacific. [Read more]
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