We’re spending K80m next year on APEC

The National Government has allocated K80 million in next year’s budget to start preparations and hosting of lead up meetings towards the 2018 Asia Pacific Economic Cooperation (APEC) leaders meeting to be held in Port Moresby.

Nearly half of the APEC expenditure will go towards security preparation amounting to K35 million in 2016 alone.

As hosts, PNG will conduct about 180 APEC meetings before the 21 APEC leaders arrive in the country in 2018.

The APEC Forest Ministers meeting which ended last week is the first high level APEC delegate discussion.

Other lead up topics will be on economy, security, energy, trade and investment, infrastructure, etc.

APEC member countries are, Australia, Brunei Darussalam, Canada, Chile, China, Hong Kong-China, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Chinese Taipei, Thailand, United States, and Vietnam.  

Author: 
Charles Yapumi