Foreign reserves

Papua New Guinea, how are we going on with our foreign reserves during financial crisis like now?
All those foreign debts we are complaining about now on social media should at least be reduced by using those foreign reserves.
This is regardless of exchange rates, in order to keep the domestic currency to flow through to patch up local turbulences.
In parallel with that, how are we exercising our monetary and fiscal policies to handle this shortage of cash flow situation in relation with foreign reserves?
The inflation or deflation rates cannot be constant over long period of time.
I personally sense the atmosphere and it’s really a dilemma situation though.
If responsible people cannot handle all these in a rightful manner, and if they continue to operate right above the nation’s normal budget line, then what does it mean?
It means the nation continues to borrow and we are prone to sell State properties to pay off those debts.
The problem seem to repeat itself right in front of our eyes.
Tax revenue from employees, companies, business firms and other non-government agencies are not for paying debts, but to support and to implement public goods and services for the people.
If this tax money is going out to recover debts, then we don’t have basic service delivery.
I think it is very evident.
How can the schools, hospitals, infrastructure and other relevant services be provided?
This is really a problematic situation we are facing today.
I give credits to some private firms who are trying their best to maintain some services they provide.
The Government will continue to say we are okay, but not about the negatives they are creating.
Change our mindsets first to change Papua New Guinea as a whole.

True nationalist