Treasurer Ian Ling-Stuckey has announced that he has officially received for endorsement a ‘record’ K761,186,600 budget for the Autonomous Region of Bougainville Government [ABG]. This budget was passed by the ABG in December last year and was received this week by the treasurer. Ling-Stuckey stated that in forwarding the ABG Budget to himself, Robin Wilson, who is Minister for Treasury and Finance in the ABG, thanked the national government for their strong level of support for Bougainville and its people. “In the budget presented, additional to these national funds, Bougainville has internal revenue of K50,724,000.” “Good progress is being made in generating more internal revenue, although it still represents less than 10% of the funds being provided by the national government in the 2024 Bougainville budget presentation.” A number of issues were raised in the letter concerning outstanding funds and suggestions for better budgeting processes. He said he looks forward to productive discussions between both Treasuries to take these matters forward.