Prime Minister has expressed his confidence with the supplementary budget, which will be tabled in coming Parliament session, commencing on 26th September 2017.
Deputy Prime Minister and Treasurer Charles Abel says the 2017 supplementary budget expected to be handed down later this month has been completed.
The Kina is more than 20 per cent overvalued, according to economist Marcel Schroder, speaking to a joint University of Papua New Guinea/ANU event in Port Moresby. One option is to introduce a dual exchange rate for a limited time.
The bid for provinces to host the 9th PNG Games in 2022 is now open. The Chairman of the PNG Games Council and Executive Director of PNG Sports Foundation Peter Tsiamalili Jr invites provinces to forward expression of interest (EOI) to his office no later than September 30, 2017.
A large contingent of CEOs and senior executives from more than ten countries will gather next week in Sydney for the Business Advantage Papua New Guinea Investment Conference in Sydney.
A JUDGE HAS APPROVED the release of a report into corruption in Papua New Guinea’s Finance Department. The judge lifted an injunction preventing the publication of the damning report. A Commission of Inquiry spent several years investigating allegations of widespread corruption at the Finance Department.