PNG Prime Minister Peter O’Neill’s decision to purchase 149 million Oil Search shares three years ago has become a financial disaster that adversely impacts livelihood of all Papua New Guineans, Opposition Leader Patrick Pruaitch said today. “The forced sale of these shares has taken place because of the Government’s inability to adequately service the K3 […]

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The Opposition Leader, Hon. Patrick Pruaitch, has urged the O’Neill-Abel Government to concentrate on formulating a sensible 2018 budget that begins to repair the O’Neill Government’s economic mismanagement since 2012. “This will be in the best interest of the people of this nation. PNG has undergone five years of wasteful expenditures that has seen public […]

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