Prime Minister James Marape has praised the National Superannuation Fund (Nasfund) for achieving a record 34,450 new members in 2023, highlighting the growth in job opportunities and the expansion of Papua New Guinea’s private sector economy. Prime Minister Marape emphasised that the surge in superannuation membership is a clear indication of more Papua New Guineans securing formal employment. He attributed this milestone to the government’s efforts in fostering economic expansion and creating job opportunities across various industries. "The addition of 34,450 new members in 2023 is evidence of real jobs being created in the private sector. This demonstrates the strength of our economy and the opportunities opening up for our people." He underscored that while savings are vital, the core message of this achievement is the increasing employment rate, particularly in sectors such as agriculture, small businesses, manufacturing, and services. "Our priority as a government is job creation. These figures confirm that more Papua New Guineans are gaining employment and securing their financial future." Prime Minister Marape also reaffirmed the government’s commitment to supporting job growth across both formal and informal sectors. He highlighted ongoing policy efforts to encourage more Papua New Guineans to transition into formal employment and participate in superannuation schemes. "The expansion in Nasfund membership directly correlates with our economic policies aimed at job creation. We will continue to strengthen initiatives that drive employment and financial security for all our people." He further emphasised that economic reforms, particularly in the superannuation sector and financial policies, play a crucial role in sustaining long-term employment growth. "As we create more jobs, we also want our superannuation funds to be key players in national development, ensuring that employees not only earn today but also secure their future." With 34, 450 new employees joining the workforce and enrolling in superannuation in 2023, Nasfund’s milestone underscores the government's success in fostering employment opportunities and economic stability in Papua New Guinea.