Samuel Basil

Govt not in debt distress situation: Treasurer

He said there is also no policy advice from the Department of Treasury on the need to re-finance its debt stock.

Basil says PNG can pride itself on its credit worthiness backed by its enviable reputation of timely payments on its loan repayments.

Minister Basil said loan contracts have legal implications and are guided by terms and conditions that see loans reach their full maturity.

Minister aims to protect privacy of PNG’s FB users

Minister Samuel Basil issued the directives to Department of Information and Communications and the National Information Communications Technology Authority on Monday in the wake of United States Senate and Class Action Court hearings to ascertain whether Facebook Inc failed to protect privacy of Facebook users in United States and United Kingdom.

Personal data, chats, pictures, contact details of Papua New Guinea Facebook users are on the same Facebook Inc. database.