Plans & Estimates Chairman Delivers Key Debate on 2026 Budget | Major Concerns Raised in Parliament
Автор: Pulse of PNG🇵🇬
Загружено: 2025-12-03
Просмотров: 375
The Chairman of the Parliamentary Plans and Estimates Committee takes the floor to deliver a detailed and critical debate on the 2026 National Budget, outlining structural weaknesses, funding gaps, and major economic risks that PNG must confront.
In his debate, the Chairman highlights:
Misalignment between budget priorities and national development needs
Poor revenue performance and unrealistic projections
Lack of accountability in previous budget executions
Risks posed by rising debt and limited internal revenue growth
The need for stronger planning, stricter cost controls, and disciplined spending
Calls for transparent monitoring of government projects and agencies
His analysis underscores the importance of credible budgeting and proper estimates to steer Papua New Guinea toward stability and real, measurable development.
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