Treasury Minister, Patrick Pruaitch, signed the loan agreement today with World Bank PNG Country Manager, Anne Tully, as well as Planning and Monitoring Secretary, Hakaua Harry, and Water PNG Managing Director, Raka Taviri.
PNG Government is also counterpart funding the program with K20 million bringing the total funding to K243 million.
Minister Pruaitch said the signing today was a milestone for both the country and the World Bank and was grateful for the support which he said will support the government’s development plans to improve living standards.
