He told parliament today that he received calls from 5 companies – one of them has been operating in Lae in for 40 years, employs 230 Papua New Guineans – that they have not been able to access Forex, thus resulting in the company having to cut down on working hours for their employees.
“They have K16 million in the bank, they need to pay their foreign suppliers K12 million. I am being told that there is K3 billion in orders sitting in there at all the banks,” said Bird.
