2 Responses

  1. John Domyal
    John Domyal September 21, 2016 at 3:54 pm

    Thanks Steve for this very informative analysis.

    What would concern us PNGans more is the use of the remaining balance of K4.4 billion discretionary expenditure. It may be subject to contractual obligations or political commitments but the begging question is, “what are those high levels spending”? Even those expenditures that you highlighted; salaries, interest, education subsidy and etc.. can still face actual budget shortfalls through the year, where did all the expected funding go to. I guess the answers are in the treasury, finance and the PM’s offices and known only to a few of the politicians, only time will tell.

    1. Stephen Howes
      Stephen Howes September 22, 2016 at 2:50 pm

      Thanks John for your comment. I guess one point is that K4.4 billion is not a lot: it is only about 500 Kina per person (if the population is 8 million plus). That is not a lot with which to buy drugs, run universities, maintain roads, buy fuel for police cars and so on.

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