In response to the Governor of the Bank of Papua New Guinea signaling a change in its monetary policy settings, as PNG’s economy adjusts to business downturns due to COVID-19, with an announcement that the Kina Facility Rate (KFR) would be reduced by 2%,
The Governor for Western Province and its three MP’s have committed K5.5 million funding to support the State of Emergency COVID-19 lockdown operations in their province.
Before the 27th of April, a decision will be made on whether it is safe to resume classes.
Speaking at the regular COVID-19 briefing this evening at the Morauta Haus, Marape said: “But as I speak...
