25.7 C
Port Moresby
June 28, 2022
Business News

Marape Says Spending Within Budget Limits Is A Priority

The 2014 national budget is in tune with the current expenditures on developments infrastructures around the country.

This was the assurance given by Finance Minister James Marape, in a media briefing this afternoon at Vulupindi Haus.

Despite carrying on with a deficit budget, Minister Marape said the budget is tracking at 71 per cent.

The finance minister was accompanied by his secretary, Dr Ken Ngangan when highlighting and giving a rundown of the expenditure of the 2014 budget.

Minister Marape said a lot of criticism has surfaced around the current government’s expenditure, but all is well, as spending within budget limits is a priority.

Marape said all major infrastructures including health, education subsidies, 2015 Pacific Games, PSIP and DSIP are tracking appropriately above 75 per cent.

He said the O’Neill-Dion Government will continue to improve and deliver service to the people.

However Minister Marape gave a sound warning to all department heads, as there has been a lot of unnecessary spending in certain departments.


Related posts

Illegal Fishing in Pacific Ocean

Theckla Gunga

Gerehu Mi Cash Accounts For Market Vendors

EMTV Online

PNG Customs Amnesty on Online Businesses

Vasinatta Yama
error: Content is protected !!