Prime Minister James Marape reaffirm PNG’s Significant progress since 2019.
PM Marape stressed the need to share effective public service issues such as political instability at all government levels, law and order fragile economic fundamentals and exposure to global economic inflation.
Following the acknowledgment and frequent significant challenging.
Furthermore stressing to influence a long term goal of trade relations with Australia and United States America of processing resources like such major market PNG associates with such as Japan, China, India, Indonesia and Korea.
Additionally, expressing his previous presence on July 25th 2019 conversing on Papua New Guinea’s New Book and the Nation’s steadfast progression and how PNG will ignite as it ends its historic chapter of corruption and complacency and open a new chapter in the life of the Nation.
“Papua New Guinea is still emerging as I speak,” said Prime Minister Marape.
Following a report on the 2019 growth of economy from K79mil reaching K110mil currently gesturing a positive turn of events.
Further acknowledging the transparency and accountability from the Independent Commission Against Corruption (ICAC) since 2019.
Prime Minister Marape emphasized concentrating on public efficiency, 20% in Port Moresby City and 80% in rural areas as the government’s commitment and the strategies to restructure the budget to navigate economic challenges effortlessly.
“The economy was declining when I took the office in 2019, 2020 Covid19 stretched aour budget to defict but sustained our nation.”
“We now plan to have a balanced budget in 2027 and to eliminate our debts by 2030.”
Marape further highlighting reconstructing foreign relations as a government commitment and preserve core values, also discovering untapped concepts such as green economy.
Additionally, to regain the nations natural resources and lure genuine investors, like lead miner Newmont, Australia telco Telstra, Santos, among others.