Treasurer – You’re Hallucinating. International credit ratings are downgrading us like never before – and this should be a time when upgrades were possible. PNG really does have a growth and jobs crisis, a budget crisis and a foreign exchange crisis – urgent action is needed.
“A respected business friend of mine was excellent at keeping people’s feet on the ground. If businesses started becoming wildly optimistic about increased sales or lower costs, he’d look at them and say “Mate, you’re hallucinating”. Tough advice, but good advice from a real friend. Unfortunately, in reviewing recent statements from the Treasurer, I am […]