State Treasury is taking a look at the $3.7 billion program, announced in 2019, to identify which projects can be advanced.
Premier Peter Gutwein asserts that he expects to make a formal announcement regarding the reprofiled construction and infrastructure program next week; the first major component in the country’s rebuild program.
The project list features school and government structural upgrades, affordable homes and roads.
An economic and fiscal report released by Treasury in May revealed that as opposed to growing by three per cent, the state economy will contract by 1.75 per cent this fiscal year.
It also predicted an unemployment rate of 12 per cent in June and for the anticipated $11 million 2019/20 budget surplus to morph into a $716 million deficit.
Gutwein pointed out that the state rebuilt its economy once previously, when his leadership unit first came to power in 2014.
He says that, given their strong business scene and engaged community, they will rebuild again.
The state has passed 10 days without recording a new coronavirus case, with only 10 of 226 confirmed cases staying active as of Monday evening.
No active cases are reported in the south and north regions; all 10, in fact, are located in the northwest.
Restrictions regarding visits to senior care homes were relaxed on Monday, aligning the state with the national standard of two people daily.