The Minister for Treasury Patrick Pruaitch last week presented the 2016 National Budget to parliament. The Government presented a supplementary budget of K14.8 billion and a 2016 budget of K14.2 billon. The biggest cut in the supplementary budget is from the administrative sector which took a cut of K756 million.
Also on this episode of Business PNG, Ela Motors, the leading distributor of the Toyota brand of vehicles revealed the new 8th generation of Hilux. The brand’s 6th Element debuted last week in Port Moresby.
And Airlines PNG who’s rebranded their name to PNG Air; Business PNG was fortunate to be at this remarkable event.
We also feature Eru Bualten from a small tailoring company – EB Tailoring.