Posts

Showing posts with the label Fuel Crisis

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

Governor Allan Bird Demands Marape's Removal

Image
Governor Allan Bird Demands Marape's Removal Allan Bird, the governor of East Sepik, is speaking out against how Papua New Guinea (PNG) is being run. He's not happy with Prime Minister James Marape and wants things to change. Allan Bird is becoming a big voice in the opposition party. He's known for being honest and talking about the problems people care about, like bad government and lack of honesty. He says people are tired of the government's decisions. One of the things Allan Bird is criticizing is the Connect PNG program. This program is supposed to improve roads and other infrastructure across the country. But Allan Bird says the money isn't being used properly. He wants to know where the money is going and if it's really helping people. This raises questions about whether the government is being honest about how it spends money. Allan Bird's speech has started a big discussion about who should be leading PNG and how the country should be run. He...
Post a Comment
Read more

PNG is Facing Fuel Crisis and Experiencing Worsening Economy

Image
PNG is Facing Fuel Crisis and Experiencing Worsening Economy How the Foreign Currency Issue is Fueling Papua New Guinea's Fuel Crisis and Worsening Economy by  Exepreneur Magazine 19 February 2023. Papua New Guinea (PNG) is currently facing a fuel crisis due to unresolved foreign currency (FX) issues that have left the country with a severe shortage of fuel. The issue of FX, or foreign exchange, is complex and has many economic variables such as GDP, inflation, economic growth, employment, and more. The ongoing standoff between PUMA Energy and the Bank of Papua New Guinea (BPNG) has brought this issue to the forefront and has raised questions about the sufficiency of the government's foreign currency reserves. The country's high inflation rate and the skyrocketing prices of goods and services have only compounded the fuel shortage issue, which has had a significant impact on the economy. The fuel shortage has caused disruptions to the aviation industry, with Airlines, force...
Post a Comment
Location: Papua New Guinea
Read more

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

Contact Form

Name

Email *

Message *

PLEASE FOLLOW AND SHARE

JOIN OUR GROUP

Total Pageviews