MTDP III

Shadow Minister for Treasury & Finance, Ian Ling-Stuckey, said there are three very good aspects of this plan.

“First, the plan goes back to a more inclusive approach to growth. The failings of a resource-focused approach to development is finally recognised,” said the Shadow Minister, who is also Kavieng MP.

“The resource sector has thrived in this country since Independence while its people have generally suffered from a lack of attention – this is not suggesting it is the fault of the sector.

Minister for National Planning and Monitoring, Richard Maru, says the new policy is being written to complement the goals of the ambitious MTDP III.

This is one of the avenues the government will use to fund the major projects outlined in the MTDP III.

“We have decided to write a new policy for our donor partners which now require that 50 per cent of all donor aid must go for infrastructure development. Actual roads, actual bridges, actual schools.

The Five Year Plan was launched last night by Prime Minister Peter O’Neill and National Planning and Monitoring Minister, Richard Maru, in a gala event in Port Moresby.

Witnessed by VIPs from the public and private sector, diplomatic corp, government, and special interest groups, the  MTDP III Plan is said to be the most bild and ambitious plan the government will undertake.

Minister for National Planning and Monitoring, Richard Maru said in a nutshell the plan Inclusive and sustainable economic growth.