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Showing posts with the label 🗣️ STABILITY OR STUPIDITY? 🗣️ In a bold statement

PAPUA NEW GUINEA NEWS, FACTS, INFORMATION, STORIES AND INSPIRATIONS

Appeal to MPs to Put the Country First - Media Statement By Hon. James Nomane

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MEDIA STATEMENT BY HON. JAMES NOMANE.  Appeal to MPs to Put the Country First (Monday 7 April 2025) Is Papua New Guinea better off since Honourable James Marape became Prime Minister in 2019? This is the key question that all MPs must ask themselves before the upcoming Vote of No Confidence (VONC) in April. All MPs must put the country first and not limit their focus to districts and provinces.  From 2019 to 2025 the cumulative budget total of the Marape government has been K156.8 billion, comprised of K39.9 billion (25%) debt financing and K116.9 billion (75%) tax revenue. This K39.9 billion debt is the highest incurred by any government since Independence and by the end of 2025 our national debt will reach K65.0 billion. This high level of debt will reduce investment in health and education and put more pressure on loan repayments.   We cannot see the cumulative effect of spending K156.8 billion in 6 years? Where are the notable public investments that are making ...

𝗦𝗧𝗔𝗕𝗜𝗟𝗜𝗧𝗬 𝗢𝗥 𝗦𝗧𝗨𝗣𝗜𝗗𝗜𝗧𝗬??? By Hon. Bryan Kramer

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 𝗦𝗧𝗔𝗕𝗜𝗟𝗜𝗧𝗬 𝗢𝗥 𝗦𝗧𝗨𝗣𝗜𝗗𝗜𝗧𝗬??? By Hon. Bryan Kramer: Tue April 8 2025 Our Pati Leader, Hon. Paita, has issued a press statement reaffirms Our Pati's unwavering support for the Pangu-led Government and PM Marape, ahead of impending vote of no confidence (VoNC). "This is no time for political instability - it is a time for nation-building during a challenging period of our nation's history," said Paita, who also serves as Minister for Mining and Special Projects. Paita added:  "Why does stability matter? Our Pati's own experience have shown that political instability comes at high cost for PNG - especially when the nation needs unity above all else. It erodes investors confidence, delays major projects, and disrupts governance.  Countries like Singapore, Rwanda, and Fiji have thrived by prioritizing stable leadership and policy consistency. PNG must do the same." 𝗠𝘆 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗲: That's quite amusing - considering many of these ...

Full speech: Australian Prime Minister Anthony Albanese's Address to Papua New Guinea's Parliament

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