Parliament House

Support for economic reform program continues

This approach has resulted in a reduction in the average interest cost on PNG's debt from 6.5 percent per annum to 4.2 percent.

The government's low-cost financing strategy has saved an estimated K1, 353 million in interest costs, which has enabled increased investment in infrastructure, health, education, and law and order programs, while still reducing the budget deficit. International support has been vital to achieving these outcomes.

Parliament totems to be reinstated

Speaker of the National Parliament, Job Pomat has announced that his office is working with the National Musuem to have the artifacts back on display in Parliament.

The totems and artifacts were removed between November and December 2013 by the former Speaker Theo Zurenouc, a move that divided the nation in terms of people’s opinion.

It was challenged at the national court by Grand Chief Sir Michael Somare, and the court ruled for them to be re-instated within six months.

However, this was further appealed at the Supreme Court.