As a result, there has been an economic contraction and wider financing gaps in the external and fiscal accounts, which have affected the Papua New Guinea (PNG) economy.
Fresh Produce Development Agency (FPDA) is no exception, as 90 percent of its Capital Investment Projects and Recurrent Grants are funded through the national government budget on an annual basis.
Chief Executive Officer, Mark Worinu made these remarks last Friday when presenting the 2021 Annual Report to the Secretary for Agriculture, Dr Sergie Beng.