PNG State-Owned Enterprises

SOEs do not pay enough dividends, says Pruaitch

Minister Pruaitch made this comment yesterday after the launch of the Asian Development Bank Pacific Private Sector Development Initiative (PSDI) report titled; Finding Balance 2016 Report on Performance of State-owned Enterprises in Pacific Island countries.

“The Government is borrowing so much to fund State-Owned Enterprises, and we need a policy on dividends payment,” he said.