Closure of Government Accounts

Closure of government accounts will not affect election preparation

Electoral Commissioner Patilias Gamato said the National Government with the support of Inter-Department Election Committee (IDEC) has established a 2017 election trust account which will facilitate funds coming into PNGEC.

He said in the past, PNGEC used the integrated financial management system (IFMS) to manage funds but what normally happens is that after all government accounts are closed, unused funds are returned to the Consolidated Revenue Funds (CRF).

“With the trust account, PNGEC funds will be held back and used during the shut-down period,” Gamato said.