Deputy Prime Minister and Treasurer, Charles Abel, said this today in Port Moresby.
Abel also called for a simplification of the tax system for the benefit of SOEs.
Abel said the private sector was the driver of the economy and needed the enabling environment to prosper.
He added that the Small to Medium Enterprise sector must have a simple tax system.
Meantime, Abel said with the launch of the new corporate plan, Abel called for honesty and no tolerance on corruption.