“A steady hand of gradual reductions in the budget deficit will mean a return to budget surpluses, currently estimated by 2028 based on conservative assumptions,” stated Ling-Stuckey.
“There is a need for careful judgements in how we go about these fiscal adjustments – ensuring we continue to invest in education, health and infrastructure, ensuring we lift tax compliance, and ensuring we have better tax deals for future resource projects.”
The Minister outlined that the Marape Government is pursuing an ambitious economic reform plan.
