Business News

Polye questions on incomplete government funding

by Vasinatta Yama – EM TV, Port Moresby

Finance Minister James Marape announced in parliament today that many districts and provinces did not receive their full 2014 DSIP and PSIP funds.

He said that they will only receive it when funding is available.

This was in response to Kandep MP, Don Polye’s question on the Opposition’s budget distribution. Mr Polye, today at the parliament house, told Mr Marape that the government, through the finance ministry, has made unfair selections on the distribution of the K10 million DSIP funds to the Opposition team.

However, Mr Marape explained that the criteria of the distributions were based on the amount of cash flow.

Mr Marape said some districts had received only 30 per cent of their full DSIP funds. Some had received a maximum of 80 per cent. He made it clear that all funds are distributed to priority areas.

He said he would compile a full report on the districts and provinces who have received their funds and how much they have received.

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