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August 15, 2020
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2014: Emphasis Placed on Comprehensive National Reform

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The Government of Papua New Guineastrongly considers reform to bethe engine for the country’s sustainable growth.

Thus more emphasis will be placed on pursuing a comprehensive national reform agenda to support greater private sector growth in 2014.

 

The reforms are designed to build on existing policies and strategies such asthe Vision 2050PNG Development Strategic Plan andthe Medium Term Development Plan.

 

Withthe handing down of a record budget of K15 billion,the Government is committed in growin PNG’s future by making key investments focused on inclusive and sustainable growth for all people.

 

The key reform strategies include, promoting and enhancing competition, improving economic regulation, developing more efficient and effective markets, reducing impediments to business development and investment climate.

 

These reforms are essential processes to allowthPNG economy to continue grow at a high rate.

 

These will also improverthe Government’s reform efforts on addressing underlying issues on public sector service delivery and private sector market.

 

Meanwhile,the Government will remain committed tothe public sector reform while strenthening existing reforms to achieve its objectives.

 

One planned reform is to undertake an amalgamation of Government Agencies with duplicate functions in 2014.

 

All in allthese reforms will setthe foundation for greater transparency and accountability by government departments and ultimately better services delivery for the people oPNG.

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