Kokopo allocated K20mil to turn it into a city

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Finance Minister James Marape told Parliament on Friday that the government has allocated K20 million towards Kokopo city development.
Responding to question by Rabaul MP Dr Allan Marat about the K58 million that was earmarked for city development, Marape said the funds had been disbursed for projects.
“I will confirm that K20 million was disbursed for certain projects, exact specification of what areas that the funds are meant for is not something I can get from the top of my head but I am yet to see the report that the member is alluding to,” he said.
“We will undertake to ascertain whether those funds were put to good use. This money is not from the World Bank. They are yet to send the matching US$20 million (K63 million) that they have earmarked to support the government in this programme.”
Marape explained that the K20 million was the PNG government’s provincial improvement programme funding that Treasury had transferred to the sub-national government for a Kokopo city plan.
“The question by the member is that it happened in 2014. Please send us a copy of the report so we will check from the records you have against our records. I assure you that we will be on the ground to check. We give the money from central agencies as far as Treasury is concerned.

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