The conditions necessary to satisfy an upgrade in the credit rating given by Moody’s have not been satisfied by the O’Neill Government despite the political rhetoric by the government. The twin challenges of budget difficulties and international reserve pressures are going to need some steel by the new Parliament to take the tough decisions to repair our budget and strengthen the external position of our economy.
I show using official statistics and government budget projections that claims that O’Neill, whilst PM, doubled the size of the economy are lies.
Delivering basic education is a challenge for Government and for small remote communities in Papua New Guinea. Here I share some of these challenges faced by the people of Rai Coast District in Madang Province.
The O’Neill Government has approved the transfer of wealth of K2.7 billion from the rest of PNG to PNG LNG landowners and project impacted provincial governments. This on top of the K1.8 billion already met by taxpayers of PNG through budget grants and billions more through funding of royalties and project levies.
My edited speech given at 2017 PNG National Party Convention. Separating the Truth from the Lies. A budget and economic scorecard for the O’Neill Government.
An explanation of how the O’Neill Government statistics point to economic contraction of 1.6% in 2016 contradicting Prime Minister O’Neill’s assertions of positive GDP growth.
Using the O’Neill Government’s official statistics it can be shown that the PNG economy most probably shrunk in 2016. This revealed economic contraction is in line with the poor performance of various statistics including government taxes and anecdotal evidence of tough business conditions.
Whilst significant benefits will flow from the PNG LNG project the costs of some of these large cash streams will actually be paid for by the people of Papua New Guinea and not the gas project itself.
I strongly condemn the murder of this man and woman in Madang over sorcery-related accusations and retaliatory killings and call upon the Police to swiftly bring those responsible to justice. I also call upon the Prime Minister of PNG and the Government to: Review its 2017 Budget and put more money into health care…
Disagreeing whilst all being incorrect In tabular form below is a summary of statements made by Government, Opposition and bureaucratic officials about the 2017 National Budget and the veracity of those statements. Most troublesome and regrettable is that all these reported statements are incorrect in varying degrees. Exhibit A Legal versus accounting requirements Our Constitution…