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Prime Minister on Talk-back show: Economy growing

Prime Minister, Peter O’Neill, says the National Alliance Party rants about the economy are aimed at positioning itself during the elections.

O’Neill told listeners on FM 100’s live talk-back show on Thursday that the economy is growing based on evidence from international funding institution reviews.

The Prime Minister Peter O’Neill was on the FM100 talk back show yesterday morning.

He was later asked by EMTV about the recent rants by members’ of National Alliance Party over the state of the economy at the end of the talk-back show.

“They criticise the government and of course, [an] economy that they were responsible for, [which] is something they could have thought about during the course of our partnership. Its unfortunate that they are politicising our partnership on the back of the elections,” said O’Neill.

PM O’Neill also responded to claims that the economy isn’t doing well.

” Where politicians continuously mislead our people, thinking that we have [gotten] far too many loans, thinking that we are borrowing too much to continue to maintain investment in our country. And secondly that our economy has been mismanaged. Well let me say this Moody’s released a report, basically, saying that our economy is stable, our credit ratings which is the ratings that  international banks and international investors look when they want to invest whether our country and the economy [is] stable or not. Moody’s have given a report that has given credit to the way we have managed the economy despite our critics,” O’Neill said.

The Prime Minister was also asked by EMTV about candidates campaigning to bring basic power, water supply and giving land titles to people in settlements around Lae and Port Moresby.

O’Neill stated that health infrastructure will start at the Angau and Port Moresby’s cancer treatment facilities.

In education, the PM says tuition free education will continue despite the on-going criticism.

A new component will be university student loans which can be repaid over thirty years or more.

In infrastructure, the Highlands Highway will be improved. The four lane highways in Western Highlands, Central and Morobe will be completed.

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