2011 ABG budget next month

Islands, Normal

THE Autonomous Bougainville Government Finance Minister Albert Punghau will table the 2011 ABG Budget in the next meeting of the House of Representatives scheduled for Dec 14.
Parliamentary members from Bougainville converged in Buka last week to discuss the budget before its tabling next month.
House of Representative Speaker Andrew Miriki issued a statement last week confirming the date.
It said K62 million was allocated by the national government as constitutional grant to Bougainville this year while the region’s internal revenue stands at K4 million –  far from adequate to finance the thriving public service machinery and many other impact economic projects there.