Patrick Pruaitch

Release Of Incomplete 2017 FBO Data an ‘Irresponsible’ Attempt To Hide True State of Economy

If you’re new here, you may want to subscribe to our Newsletter Here . Thanks for supporting us!Opposition Leader Patrick Pruaitch, said today PNG Treasurer Charles Abel has been “naive and irresponsible” in his premature release of alleged details of the 2017 Final Budget Outcome. Mr. Pruaitch said: “Key officers at the Department of Treasury …

Patrick Pruaitch

Falling Employment Levels Are Gathering Pace And Adversely Impacting Living Standards

Government policies have contributed to a decline in PNG’s economic performance since 2013 with ongoing mismanagement continuing to have negative impacts even though commodity prices have risen, Opposition Leader Patrick Pruaitch said today. Mr. Pruaitch said that in PNG, the best indicator to growing or declining levels of prosperity is provided by employment trends. “Jobs …

Economy, Patrick Pruaitch

Government Recovery Plan In Tatters

The Central Bank quarterly economic bulletin this week confirms the O’Neil Government’s Economic Recovery Plan was based on mythical figures to support outcomes that cannot be achieved, the Opposition Leader, Hon. Patrick Pruaitch, said today. BPNG’s bulletin showed total public-sector debt blew out to K23,856.7 million at the of September quarter, surpassing the projection for …

Economy, Patrick Pruaitch, PNG Budget 2018

Economic Mismanagement Has Stifled PNG’S Economic Growth And Lowered Living Standards

Economic growth is strengthening around the world while PNG’s performance has toppled from being among the best performers to rank among the Asia Pacific’s worst performers. The Leader of the Opposition, Hon. Patrick Pruaitch, said today mismanagement of the PNG economy in the past six years has contributed to dismal outcomes with the PNG’s Gross …

Economy, Ian Ling-Stuckey, PNG Budget 2018, Uncategorized

Alternative Government Increasingly Concerned by Budget Numbers

“The Alternative Government is increasingly concerned about the accuracy of numbers used in the budget. In his rushed and unscheduled budget speech to the Parliament on Tuesday 13 February 2018, it appears as if the Treasurer has told some fairy tales again to try and protect his political reputation. He is also going about fixing …

Economy, Ian Ling-Stuckey, PNG Budget 2018, Uncategorized

Alternative Government Welcomes Preliminary 2017 FBO with Some Questions – Rushed the Gun and Not Honest Enough

“The Alternative Government welcomes the increased budget transparency efforts from the Treasury, Charles Abel. This includes the unexpected preliminary release of what actually happened in 2017 as well as paid advertisements for community input to the 2019 Budget Strategy. In Parliament on 13 February 2018, the Treasurer gave a speech on the 2017 Final Budget …

Ian Ling-Stuckey

Alternative Government Supports Better Budget Transparency

“The Alternative Government welcomes the recently released international survey on budget transparency and Treasurer Abel’s commitment to budget open-ness and accountability. This is an excellent initiative led by the Institute of National Affairs in PNG. It is unfortunate that PNG’s score dropped from 55 out of 100 in 2015 down to 50 out of 100 …

Ian Ling-Stuckey

Alternative Government has Better Policies for PNG Businesses

“The Alternative Government welcomes Prime Minister’s increasing engagement with PNG businesses and a renewed understanding that PNG must embrace the opportunities of the Indo-Pacific region. The Alternative Government also agrees that the key issues facing PNG businesses include on-going foreign exchange shortages, a lack of support for PNG’s small and medium-sized enterprises, a slowdown in …

Allan Bird

ESP Governor Allan Bird Starts Subsidy Program For East Sepik Students

Action Governor Allan Bird and ESP MP’s Step In For Provincial Students Tertiary Fees Subsidy. ESP Governor Allan Bird has confirmed that his Provincial Government is working on a school fee subsidy program to help its tertiary students in 2018. The Governor said he is highly aware of the hardship the students and their parents …