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

Governor Allan Bird Demands Marape's Removal

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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...

Petroleum Resource Kutubu (PRK) presented a mock cheque of K120 million to mark the completion of its legacy taxes.

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LANDOWNER COMPANY  SETTLES K120 MILLION LEGACY TAX LIABILITY  Internal Revenue Commission PNG Wednesday, 08 February 2023. Petroleum Resource Kutubu (PRK) presented a mock cheque of K120 million today to mark the completion of its legacy taxes.  PRK’s had tax disputes since 2011, and in 2019, all of these issues were resolved, resulting in a total tax liability of K120,758,504. Given that this was a considerable amount to pay, the Commissioner General placed them on a structured payment plan based on their cash flow. The final monthly repayment was made in January 2023, marking the complete settlement of the debt.  PRK is a subsidiary of Mineral Resources Development Company (MRDC). It was incorporated in 1989 under the Companies Act to hold the landowners and provincial government equity interest in the Kutubu Petroleum Project. PRK currently holds a 6.75% stake in Petroleum Development License 2 (PDL2) and 1% of PNG LNG.  At a small but significant press confe...

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

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