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.
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.
"This is Marcus Huang aka Jacky Chen. I have known this guy for at least 10 years and when he lived in the United Kingdom he was known as Jacky", Richard Martin a British and former employee of the Bola Motors said exposing his work ID and photograph on Facebook.
iwaka governor William Tongamp wasted no time returning home straight after the formation of the government to quell the sporadic election-related violence.