Prime Minister Marape in his New Year address to the nation acknowledged the inflation levels and the hardships Papua New Guineans are going through. He committed to getting this taskforce to work as soon as possible.
The Prime Minister’s New Year message focused on certain measures the government is taking to ease the burden on daily living and seek ways to fix the country.
He attested that the cost of living has risen given the high inflation rates, further leading to a rise in the price of goods and services. He also acknowledged the dwindling purchasing power of Kina.
