Finance News

2016 Expenditure Shows More Money Allocated to Districts and Provinces

The 2016 government spending shows that all levels of government have received a generous amount of money.

The 2016 expenditure shows that more money has been allocated to districts and provinces around the country.

Almost thirty percent of the country’s budget goes directly to District, Provincial and Local Level Government Support Improvement Programs.

The funds are meant for infrastructure development in key sectors such as health and education, but there are still concerns about priority areas.

It is spending that is going toward supporting the government’s development agendas of free health and education.

In a presentation to the private sector, the treasury department’s first assistant secretary, Andrew Oaeke, said close to thirty percent of the budget is given to the districts, provinces and local level government.

But, while the statistic shows substantial spending in the billions of kina, priority areas are determined by Provincial Executive councils and joint budget priorities planning committees’ of the district, provincial and Local level governments.

The governments development agendas has also come under scrutiny from the Opposition- Deputy Leader, Sam Basil, eho referred to the deteriorating state of Lae’s Milfordhaven road to criticize provincial and national government spending priorities.

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