On 21 May, 2024 By ACTNOW
The Marape Government is not on track to meet it’s log export reduction goals as outlined in the Medium Term Development Plan IV.
In 2022, the Government announced a ban on all round log exports in the next 3 to 5 years, with the intention to increase local downstream processing to promote greater employment, increase GDP and boost government revenues.
The log export data shows an export of 2.2million cubic meters in 2023.
This is well over the full year target set in the MTDP IV of 1.695 million cubic meters.
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