Export tax

Govt will still impose export tax: Forestry Minister

Minister for Forestry, Solan Mirisim, announced this in Port Moresby on Tuesday.

Threats by the PNG Forest Industries Association to shut down operations of its members if export tax for round logs increases, has not moved the government one bit.

Mirisim said the export tax increase has been passed and will be imposed at the start of February 2020.

Minister Mirisim stated the increase was done to encourage downstream processing by logging companies.

“We want our people to participate in downstream processing and support SMEs in rural areas.”