Peoples National Congress (PNC Party) kick started its National Convention in light of the 2022 National General Elections yesterday evening that will continue today and end tomorrow at the Crown Hotel in Port Moresby.
Party Leader and Ialibu Pangia Peter O’Neill officiated the event yesterday with the Party’s 2022 Pledge highlighting the party’s policies on the main issues the country is faced with heading into this year elections.
He said PNC has developed a set of policies to address pressing challenges faced by the people and this has enabled the delivery of his commitment.
“Our plan is built around a strong economy supportive of jobs growth and lowering the burden on businesses and families to stimulate growth,” Mr O’Neill said.
“People’s National Congress Party Pledge to our people and the Nation, that over the next 5 years, we will;
– Create 500,000 jobs over five years
– Restore confidence and certainty to our people and businesses
– Fast track Porgera reopening; and accelerate Wafi-Golpu; Papua LNG and P’Ynang projects
– Reduce personal income tax to help families
– Reduce Company tax to stimulate jobs and investments
– Invest K1 Billion per annum to fund the upgrade of hospitals and health and education facilities together with multilateral partnerships. Substantial improvement to Universal, free access to quality Health and Education
– LightUp PNG by fast-tracking PGK5.6 billion APEC PNG Electrification Partnership to provide Reliable Power & 70% access to water & power by 2030
– Restart our Public Economic Infrastructure Investment Program in Roads, Bridges, Airports, Ports, Jetties, and Telecommunications
– Establish a State Bank by 2023 for SMEs, Farmers, and Homeowners – Invest K600m per annum in Mega Industrial Projects across the country in Tourism, Fisheries, and Manufacturing Hubs
– Introduce the Housing for All initiative; providing up to K300 million per year from Government with additional funding from Financial Institutions and Development Partners to build 5,000 homes per annum
– Reduce public loans back to 35% of GDP and balance the Budget by 2027 – Next Generation for the next 50 years – Reset Public Service and Political structure before 2025
– On day one we will fund the operations of an independent ICAC with an initial K25m and K25m to stop the killings.