New Zealand’s hoki catch quota for 2019/2020 has been cut to 116,190 metric tons from 151,540 metric tons, according to Fisheries New Zealand.

The reduction of more than 23 percent is aimed at allowing stocks to rebuild. Last year's quota was cut 22 percent.

While Eastern stock limits remain unchanged, the Western stock allowance has been slashed by 35,000 metric tons to 55,000 metric tons as part of the stock rebuilding process, Fisheries Minister Stuart Nash said.

The total allowable commercial catch (TACC), has been cut to 115,000 metric tons from 150,000 metric tons.

New Zealand’s fisheries industry is deploying a number of measures aimed at increasing stocks, including rotating spawning season closures, reducing pressure on juvenile populations as Eastern-Western stock management.

The country’s is undertaking a review of the hoki stock assessment model to ensure information is used in the most efficient way.