The Australian based Lowey Institute says Papua New Guinea's massive new Liquified Natural Gas project1 and large mining investments will not reduce poverty unless there is a radical re-thinking of the government's approach.
The US$18 billion LNG project has been heavily hyped by the PNG government as providing a rich future for the country but the evidence presented by the Lowey Institute suggests otherwise.
Papua New Guinea Prime Minister Grand Chief Sir Michael Somare has not made any announcement yet as to his political future and who is likely to succeed him if and when he decides to retire officially from politics.
This is despite the much anticipated announcement coming from the highlands where he was visiting recently.
I HAVE BOTH the final and draft copies of the Scottish Association for Marine Science report for the PNG government of expected impacts of the Ramu Deep Sea Tailings Disposal (DSTP) plan for Basamuk Bay.
THE country’s political and administrative elite has failed to deal with widespread corruption that is becoming a major killer in Papua New Guinea, a business leader said.
The World Bank is pushing the government of Papua New Guinea to open tax free zones across the country where foreign companies can operate duty free and ignore labour and health and safety laws.
Special Economic Zones, as they will be called, are common cross Asia where in fenced enclosures companies operate sweat shop factoies producing cheap manufactored goods for export.
THE Prime Minister wants departmental heads to explain why services are not reaching the people.
It is odd that he does not know the answer.
For many years, operating funds for recurrent goods and services and infrastructure maintenance, particularly at sub-national level, have been hacked back.
Brazil is taking huge strides to wash away endemic corruption in politics with a groundbreaking new law referred to as Ficha Limpa – which means ‘clean slate’ in English.
The law will permanently bar anybody from running for any political office (in municipal, state or federal elections) who has any corruption charges or even allegations pending against them.
The law also bars candidates who have been expelled from any professional organisation.
ADDRESSING THE annual conference of the Institute of Internal Auditors inPort Moresby last Friday, PNG Ombudsman John Nero raised the prospect of recovering misappropriated funds.
Mr Nero said leadership tribunals should be empowered to order their restitution.
"As it is, a leader can steal millions of kina and is not be obligated to pay back even though found guilty by the tribunal," he told the conference.