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Port Moresby
July 15, 2020

Business PNG – We feature IPA, 2014 Budget and NRI


A Milestone achievement forthPNGInvestment Promotion Authority (IPA) inthe launching oftheir online registry system. The new system means no more waiting in line atthe IPA Haus in Port Moresby as company lodgements and registrations can now be done online. The situation is considered a win-win for both IPA and its clients as it’saves money and time as well as a total of K3million per year for IPA.

Also in this episode:


We analysethe 2014 Budgetowhich was passed by Parliament onthe 26th of Novermber. We hear discussions from a budget debate hosted by Deloitte andthe Port Moresby Chamber of Commerce andIndustry.


Topics covered duringthe discussions include: budget deficit; tax review;the Central Supply and Tenders Beard process; free education; funding allocation for the law and order sector; small to medium enterprises; agriculture; and multi-year budgeting.


Atthe end ofthe episode, David Conn hosts an interview with Acting Director for the National ResearchInstitute, Dr Charles Yala as well asthe Country Manager for Talisman Energy, Richard Kassman.


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