PNG economy meeting targets: Treasurer

“Indeed, of the 18 benchmarks set out in my presentations to Parliament, 17 have been met and one has had a minor delay as the updated Medium-Term Revenue Strategy has been agreed to by the Ministerial Economic Sub-Committee of the NEC, but not considered yet by the NEC itself,” the Treasurer stated.

In addition, Mr Ling-Stuckey said there has been “staff level” agreement for new benchmarks that will be taken to NEC for consideration.