Day: November 2, 2016
Current projects to continue next year: Wereh
WORKS and Implementation Secretary David Wereh says his department will continue to implement current projects next year. He said this yesterday when asked to comment on the Works’ allocation in […]
IRC gets K90m, K16m more
THE Internal Revenue Commission (IRC) has received an increased allocation of K90 million in the 2017 budget. This is K16m above last year’s appropriation. Treasury Secretary Dairi Vele said the […]
Big returns from SOEs hard: Barker
IT may be impossible for the Government to generate expected revenue from state-owned enterprises (SOEs), Institute of National Affairs executive director Paul Barker says. Barker said that in response to […]
Reality check, test for Govt
FORMER Planning secretary Valentine Kambori says the 2017 Budget is a reality check on the national purse and a reality test on the fiscal strength of the Government’s fiscal and […]
Nation’s partners praised
PAPUA New Guinea’s development partners have been praised for their on-going support towards development of the country. Department of National Planning and Monitoring Hakaua Secretary Harry made specific mention of […]
Bank to cut back SME projects
THE National Development Bank will cut back on its small to medium enterprise (SME) programmes given the decrease in the bank’s budget allocation for next year, managing director Moses Liu […]