Posted By Staff Reporter
By Christopher Keta - Political Commentary No man is an Island and no men is a Saint we all fall short of the Glory of God. Papua New Guinea you have a competent leader of eloquence Hon Peter O'Neil , a visionary leader at heart. Now you lost that. Why? Mainly because of Hon Brian Kramer's promotion of propaganda on the media streams saying O'Neil sunk the country and took out loans at the rate of K3Billion per year. The controversial UBS Loan was an economic investment decision, PNG Goverment has a 10% stake in ASX -Listed Oil Search the money isn't entirely lost but captured as our equity. O'Neil borrowed K20billion and more in 8years and transformed PNG into the Asia Pacific fastest growing economy in terms of infrustructures and investor confidence, investments increased , free healthcare, free education, GDP per capita continued to increase carry forward from Late Grand Chief Somare and NA's reign. Now Prime Minister Hon James Marape Goverment taking out K12 Billion and climbing in loans at the rate of K6Billion plus per year, all for Covid19 purposes and Debt financing - direct debt financing without investments and economic stimulus Policy and implementation is not feasible in long term. That is the reason why investor confidence is very low in adding more salt to the wound is the indecisiveness of the Goverment. no infrustructures - No Free education - half a million and more of our children on the street no future. No free healthcare many people dying of curable diseases Covid 19 as taken precedence over general healthcare and welfare of our people. The list goes on and on, Politics, Power and Money as Taken over the essence of Democracy which should be people first. Public Servants should be the servants of the citizens isn't it so ? After all they are our Trustees and custodians of our Resources we the people are the Beneficiary, it is our right to benefit from social projects and sevice deliverables. We the people have the power never forget that no V8 and koble bundle. Disclaimer : This article does not represent the views of pngfacts.com and its staff. It is the sole view of the writer and thus in anywhere we are liable of any misrepresentation of the article. Next : Political System Of PNG So Deeply Corrupt Note: Let Your Views be heard : Send all your Political Commentaries to us through our email : pngfacts@gmail.com Share this Comments are closed.
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