Category: Ian Ling-Stuckey

World Bank Figures Confirm Abel deserves an “F” for economics

“The Alternative Government welcomes the latest World Bank report on the PNG economy released on 7 February. It is positive that international organisations, even those where governments control the Board of Directors, can bring in technical expertise and more independent commentary. There is much wisdom in the report, especially in terms of stimulating private sector […]

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“The IRC’s Commissioner of Tax has sought to clarify the pattern of tax collections in 2018 in a media release on 16 January. Unfortunately for this nation, this clarification simply re-enforces the fact that non-mining and petroleum tax collections fell K484 million short of the forecasts contained in the 2018 Budget. Non-mining and petroleum tax […]

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“This is the final of a five part response to the failings of the PNC tax tariff policies. The first part of the response focused on how the Treasurer Abel lied about the 25% tax tariff on milk did not apply to UHT products. The second part covered how the government has ignored expert advice […]

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“The Internal Revenue Commission (IRC) has released some very revealing figures about tax collections in 2018. The Commissioner for Tax talks about collecting more than expected. However, after excluding a large and unexpected mining and petroleum tax bonanza of nearly K700 million, all other IRC collections are K500 million less than the government wanted in […]

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“This is the fourth of a five part response to the failings of the PNC tax tariff policies. The first part of the response focused on how the Treasurer Abel lied about the 25% tax tariff on milk did not apply to UHT products. The second part covered how the government has ignored expert advice […]

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