Treasury Minister Patrick Pruaitch today handed down the K12.9 billion 2017 National Budget.
In this year’s budget, APEC Authority received K80 million for APEC security and 2017 National Election security preparations.
The Treasury Minister said the benefits of hosting APEC outweigh the cost.
“The expenditure on APEC is necessary for any government in the world to host a meeting of this size,” Pruaitch said.
