24 C
Port Moresby
July 11, 2020

No Supplementary Budget for 2013

Treasurer Don Polye confirmed in parliament thatthere will not be any supplementary budget this financial year.

It was explained tothe house that a supplementary money plan is needed whenthe country experiences a surplus or a downturn in prices of commodities resulting in low revenue.

Nether exists though Treasurer Polye admitted a fall inthe prices of commodities.

The government is watching world trends closely and will adjust accordingly.

Mr Polye was responding to questions raised by Goroka MP, Bere Kimisopa.


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