Prime Minister James Marape made the announcement on Thursday, May 25th, when meeting with Lae’s private sector.
Marape thanked employers for remaining loyal to PNG for the past decades despite the deteriorating business environment.
“Those incentives will be announced very soon, in fact, within the six months going forward before the 2024 budget is brought in,” he stated. “We will announce certain incentives that we will be giving to the manufacturing sector and more so, agriculture, forestry and fisheries based here in our country.”
