Resource-rich provinces and landowners get K626 million

THE government has allocated K626 million to fixed commitments through the 2013 national budget handed down by Treasury Minister Don Polye yesterday.
Secretary to Treasury Department Simon Tosali said during the press budget lockup that the commitments were fixed grant allocations for resource-rich provinces and landowners.
He said in the 2013 Budget, the infrastructure development grants for the Southern Highlands, Hela, Gulf and Central provinces were K120 million.
He said the district support grants were K56 million and K86 million for the special support grants.
The memorandum of agreement was allocated K27 million.
The other landowner grants are the Lihir IDG MoA of K3 million, the high impact projects as per the UBSA of K50 million, an annual funding of K100 million plus K15 million restoration development grants for the Autonomous Bougainville Government.
The government has also allocated K170 million as a loan counterpart funding.