Treasurer Ian Ling-Stuckey said this growth is for the people of PNG as the growth forecast will mainly benefit the non-resource economy.
The 2021 budget was passed today with only 49 MPs from the Government bench.
In his budget speech, under the theme ‘consolidation for growth’, Minister for Treasury, Ling-Stuckey, said PNG’s economy is expected to grow by nearly K18 billion over the next two years; from K81 billion to K99 billion.