Posted By Staff Reporter
This Government has been in office come May 2021 will be 2 years (24 months). This Government must be reminded that the 10 million people of PNG are cared for by our local economy. When economy thrives, everyone is happy. When economy goes bad, everyone suffers. The 10 million people all know now that our nationL economy is suffering badly and so the people are suffering. All businesses in PNG are suffering.
● Unemployment is all time high and signs of no immediate improvement. We need more and more large scale foreign investment in PNG. Government need to set friendly but robust policies and laws to attract (not repel and frighten) foreign businesses to bring their money here and invest. ● Kina is free falling to lows against major international currencies. Stop quantitative easing activities, if happening and make tough decisions to invest heavily in Agriculture fisheries, tourism, and downstreaming industries to create millions of jobs while replenishing low/ depleted foreign exchange and strengthen Kina. ● Get all SOEs to sell off all lazy and idle assets, raise capital, offset their debts and also pump this revenue into transforming their own businesses to be profitable and no longer being babysitted by Government. Privatize and completely corporatize all SOEs and fre them from politicians and cronyism so the function 100% as independent corporate businesses. ● Prime Minister office should constitute National Economic Advisory Council so that imminent economists, strategists, and national development planners are constituted to draw up the Economic Development BLUE PRINT of our economy going forward next 45 years after lessons learnt (hopefully!) from past 45 years. ● Through Connect PNG Project, open up the entire nation to sealed highways so large scale mechanized agribusiness as well as SME farmers can increase production based on government lending via banks to support increased production of all export commodities and downstreaming. All roads connecting the entire nation be opened up for trade and commerce and social networks. We need tourism, Agriculture and fisheries as well as biotechnology on the back of biodiversity to thrive in PNG on the backbone of Connect PNG Project by DOW. ● Control and monitor the K200 million SME funding to NDB and BSP. No oversight and monitoring is being done and NDB has not rolled out the K80 million of 2020 funding until today's date while BSP lent out only K40 million from the K100 million. This K200 million was not given to banks to keep there for longer periods and make interest and profit out of it: its supposed to go in and be distributed in lending on soft terms to all our farmers annually for the next 10 years. Someone crack the whip on this now! And where is the K200 million for SMEs in 2021 budget going to be injected into NDB and BSP? ● Government through Minister for HERST must negotiate with all our major trading partners countries and ask them to drastically help PNG human resources by increasing their annual quota of sponsoring via full scholarships our PNG qualified students to top notch learning institutions worldwide so they return empowered to serve in the engine of PNG to continue growing this country of many hope and promise. ● Public service system is too cumbersome and politicians are helpless now trying to maneuver this gigantic monster. Remove ghost names on government payroll. This call has been made millions of times ans falling on deaf ears. Also right size the public service which annually consumes 60% of the total annual budget of PNG. Make it lean and mean and instill professionalism, work ethics, efficiency via latest modern technologies and platforms in all agencies and departments so the public service becomes the central engine to drive growth, change and prosperity of PNG and not the opposite as now. ● Corruption is systematic, systemic and entrenched in all government departments and agencies as well as all SOEs. Complete transformation organizationally is needed and law enforcement must be funded to without fear or favour implement the ICAC law, death penalty, Obudsmen Commission, Leadership tribunals, and other enforcement agencies to hold all leaders and managers accountable like in 1970s and 1980s. We need Australian and American help in fighting corruption. We are just too weak lame and foolish now over many years to fight and address corruption. Next 45 years is bleak if we cannot address this number one biggest cancer in PNG. ● The economy is weak, frail and ailing because politicians are running around sniffing for money as opposed to becoming pillars of strong and vibrant legislators and policy makers. Zero debates and intellectual intercourse is happening in Parliament these days, MPs are so interested in money everyday. We need leaders, not cult figures. We need strong and vibrant leaders to make decisions for this nation. Rise up now and Take Back our economy now. Enough of Grand standing and too much talk. We want this economy to be transformed now. Everyone demands politicians to shape up. Show us what you MPs are made of and be real true leaders you claim to represent us. Enough of weakness, mediocrity, cargo cultism and impoverished mindsets. Set the examples and lead the way so we people must be happy and proud of your strong decisions to save us all. TAKE BACK PNG MEANS TAKE BACK OUR ECONOMY NOW. Don't let Covid 19 remove our focus on building this economy. Lets not destroy our country and her economy. Open up all businesses while maintaining all protocols for Covid 19. Covid is here to stay. It ain't going no where. Lets not cause widespread panic. Lets be wise and show true leadership in times of danger which our economy is facing. I make no apologies to anyone for speaking upright and fortright about the need for Government to rise up and make some tough strategic plans to rescue our weak, frail and ailing economy now. Thank you. Samson Komati PNG TTG Inc Next : Lack Of Access To Infrastructure Affecting Coffee Production In PNG Comments are closed.
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