Ian Ling Stuckey

Treasurer confident following ADB forecast

“The ADB statistics highlight once again the extraordinarily bad economic impact the COVID-19 pandemic is having around the globe, producing the most challenging economic times in a century. In this global context, the PNG economy is doing so much better than most,” stated the Treasurer, Ian Ling-Stuckey.

No conditions attached with IMF loan: Treasurer

Ling-Stuckey clarified this again, for the member for North Waghi Fabian Pok.

Treasurer Ian Ling-Stucky, who was questioned on this by the member for Ialibu-Pangia on Tuesday, repeated that the loan was interest free with no conditions attached.

“There are no conditions attached to the IMF loan,” says the Treasurer.

However, the former Prime Minister and Ialibu Pangia MP Peter O’Neill remained unconvinced.

“There are two conditions that are normally given by the IMF to member countries that are seeking this.

Kavieng MP sworn-in as Treasurer

Ling Stuckey was sworn-in by Governor General Sir Bob Dadae at the Government House today.

Prime Minister James Marape, when welcoming the new Minister, also announced the decommissioning of Richard Maru as the Minister for Planning.

Bulolo MP Sam Basil is now the Planning Minister.

"It is after careful consideration that I announce the decommissioning of Richard Maru as a Minister of State," stated PM Marape.