This year, a K250,000 subsidy was set aside by the local Gazelle MP and Police Minister Jelta Wong for tertiary students around the country.
However, payments to the various selected institutions have been delayed this year due to the rollout of the Government’s new accounting system - the Integrated Financial Management System (IFMS), which promotes transparency and accountability.
Institutions that received payments are Kokopo Business College K45,000, University of Natural Resources and Environment K30,000, Gaulim Teachers College K25,000, Divine Word University main campus K19,000, Unitech K14,000, Melanesian Training Institute K14,000, UPNG K15,000, PAU K4,000, UOG K26,000, St Peter’s Chanel K24,000, Kabaleo Teachers College K17,000, Madang Teachers College K8,000, Port Moresby Technical College K5,000, Bulolo University College K1,000, New Horizon Computer Learning Centre K2,000.
Department of Finance secretary, Dr Ken Ngangan, has highlighted that the roll out of the IFMS will be completed by the end of next year.
(Gazelle MP and Police Minister Jelta Wong filepic)