Papua New Guinea's YANGORU-Saussia MP Richard Maru wants Prime Minister James Marape to commit to the tabling of a legislation to bring back reserve businesses. “The Government should pass the legislation in the Parliament sitting in August to bring back the compressive set of reserve businesses that are reserved for Papua New Guineans only,” he said. “Our people have been calling on the Government to do this and I do not know why the Government had been unable to bring that critical legislation to Parliament. “The legation had been ready for more than three years. “Why are the ministers holding back this legislation? They should be ashamed of themselves. “We are elected by the people to come and act on their interest, not ourselves nor the interest of the few others.
“The power belongs to the people who want to be given the opportunities in small businesses in this country.” Maru, also people’s First Party leader, challenged the Government to do more for MSME to support PNG’s to economic growth. “We have to make it attractive, we must support our citizens to go into business,” he said. Maru said he appreciated the Government’s support of cheaper loans through the National Development Bank and Bank South Pacific under the stimulus package but SME sector needed more Government support than just giving out loans. “Giving cheaper loans is not going to help grow the sector by leaps and bounds,” he said. “It means people will get cheaper loans but it is not enough to grow the sector. “We need to grow from 50,000 businesses to 200,000 to 300 000 to create mass employment.” Statement Next : Tkatchenko, Tsiamalili Partner To Import Bougainville Betel Nut To Port Moresby Comments are closed.
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