Posted By Staff Reporter
PNG Prime Minister has recently delivered payment of K160 plus million to SMEs in Agriculture directly to each Member of Parliament of Parliament through their District Treasuries to Roll Out and Empower he Target Audience/ Beneficiaries More than K160 million has been released by Finance and paid already to districts and provincial treasuries. All MPs received K1 million each to fund nothing but any programs and projects in their districts to do with SMEs in Agriculture. But the very simple calculation doesn't add up. In Marape's statement he mentioned more than K160 million given out. If you calculate 111 MPs in parliament receiving K1 million each, you will end up with a total of K111 million. The question is where is the K49 million left from the K160 million? Marape once again failed Mathematically. The rest of PNG Rural SMEs in Agriculture are waiting for the promised K200 million by James Marape, (K100m into NDB and K100m into BSP). It’s now July and soon we will go into August 2020 and this country is still waiting for the promised 200 million. The promised amount (200million) is part of Marape's sweet talk on Rural SMEs in Agriculture which never eventuated. The Economic conditions are worsening nationwide with the closure of Pogera and the Covid 19 pandemic. Marape Government needs to hand down a massive Economic Recovery and Stimulus Plan/ Package very urgently soon to jumpstart the economy. Papua New Guinea is not getting anywhere but digging its own grave. We know that the K49million left from the K160 million will be diverted to Pangu Pati to help fund the elections. Marape has once again failed mathematically. He cant fool this generation with his failed calculations like how he fooled his Tari people. PNGFILES/PNGFacts Next : Husband And Wife Charged With Fraud Comments are closed.
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