Lae City Authority

Provincial govt shares revenue with city authority

On June 25th, Morobe Governor Ginson Saonu signed and presented the revised Memorandum of Understanding between Internal Revenue Commission and Morobe Provincial Government that will see 20 percent of Goods and Services (GST) revenue be given to LCA.

Governor Saonu said this arrangement is the first of its kind in Morobe and Papua New Guinea.

Talks with Lae PMVs ongoing

The city is yet to effectively implement the state of emergency directives regarding business operation and social gatherings.

Acting Lae City Authority CEO, Neil Ellery, outlined the challenges they are faced with, including PNG’s social attitude, culture and the financial impact on PMV operators.