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  #1  
Old 30-03-2007, 04:06 PM
~****afi****~ ~****afi****~ is offline
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Foreign aid vital: Philemon

FOREIGN aid will continue to play a pivotal role in funding Papua New Guinea’s development despite assertions the country could survive without donors.

New Generation Party founder and leader Bart Philemon said this yesterday when responding to questions at a National Research Institute-organised seminar.

“Anybody who talks about doing away with overseas aid at the moment doesn’t really understand, they are kidding themselves. Leaders who talk about doing away with Australian aid are kidding themselves — until we can prove we can sustainably manage our economy,” the Lae MP and former treasurer said.

Mr Philemon said it would take PNG a long time to upgrade its status from least developed to developing and eventually developed country, but that process would ultimately depend on the Government’s sound management of the economy.

“Until then, don’t believe anybody who says including my governor (Luther Wenge) that you can do away with K700 million from the Australian Government. We need every assistance that we can get to try to get ourselves back on to firm ground and move forward, at the moment we are not really moving forward,” he said.

The Lae MP, whom Mr Wenge has accused of promoting Australian interests, said PNG leaders should swallow their pride and accept help offered by donor agencies.

http://www.postcourier.com.pg/20070330/frhome.htm

What is your opinion on this?

I think it's true, we still need support from Australia!!
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  #2  
Old 30-03-2007, 07:18 PM
Geenah-Bella Geenah-Bella is offline
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I agree with you, afi, we do need support from donor agencies. Seems to me, that it's the donor agencies that go where the govt doesn't... why should one man/woman at the Parliament deny a villager this opportunity (e.g. piped water closer to his/her doorstep). Opportunities should be embraced (& managed) not pushed away!
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Old 10-04-2007, 04:04 PM
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***Bloom*** ***Bloom*** is offline
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Foreign Aid is very vital to our economy until when the Government admit to be accountable for all the spendings of the resources and our money.

Bloom
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Old 11-04-2007, 02:17 PM
saina saina is offline
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The thing is we really need assistance at this time of economic situation.
but to prove ourself that we are not really depending much from this assistance, we have to prove our managment of resources we have.. there are thousands of them.
What they give us is good enough capital to start off drastic improvement and is only done with good sound managment and politics that is out of corruption.
i for one always believe that tourism sohould be the first thing the goverment approach to sustain the start the development of the economy..
we save the mining and petrolium for the future generation or later years when our economy will surely be relying on them and even the demand overseas will be so high that one can only imagine what will happen

cheers guys olsem tingting tasol
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Old 11-04-2007, 06:48 PM
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well said!!!

Look @ Fiji - it is a small country with no other natural resources than Tourism and they are freaking making heaps of money from this industry alone.

Bloom
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Old 13-04-2007, 10:35 AM
saina saina is offline
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Let me tell you guys something...
I have been in the presence of people who are not politicians but withing the circles of politics.
This is what they say.. How YOU DO IT, HOW YOU MAKE IT THROUG, HOW YOU MASTER MIND IT, HOW YOU PLAY YOUR GAME IS UP TO YOU, AS LONG AS YOU GET IN THERE (PARLIAMENT). OPPORTUNITIES ARE ENDLESS.
i am not joking this is whats happening, why do you see people playing money during elections?.
they further go on to say this:
IF YOUR IN THERE, HOW YOU MASTER MIND YOUR GAME PATTERN IS UP TO YOU AS LONG AS NO ONE (OMBUDSMAN,POLICE<ETC) CATCHES YOU..

where do you think we will be in 10 years time from now if every one is practising..
there is between 15-30 candidates standing for only one particular electorate.. thats what many of them had in mind..

olsem sampla insight blong tingting
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Old 16-04-2007, 12:08 PM
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Lightbulb No more big, foreign loans: Treasurer

By CLIFFORD FAIPARIK

PAPUA New Guinea does not need any more foreign aid in large amounts because the national economy is growing very well, Treasurer Sir Rabbie Namaliu said last Friday.

“With PNG’s economy growing at about 4% annually and the strong Government’s financial position, we are not in need of large amounts of new external finance, even on concessional terms,” he said.

“But we still value the Asian Development Bank’s (ADB) contributions including for the know-how it brings to projects and for its constructive involvement with our Government agencies, community organisations and private businesses.

So we look forward to continued engagement with ADB, and we have several promising initiatives under negotiation.” Sir Rabbie said this at Vulupindi Haus in Port Moresby when meeting with ADB president Haruhiko Kuroda.

He said one such loan was the proposed loan for redevelopment of the Lae port, which had high priority as an infrastructure improvement with great potential benefits for a wide range of PNG businesses.

He said another was a supplementary loan for extending the work being done at present in the financial management improvement programme.

A third initiative under discussion was the possible issue by the ADB late this year or early next year of a kina-denominated bond, for the first time in PNG.

Sir Rabbie said such bond would raise PNG’s profile with international investors, attract new investors and provide low-cost finance for Government with no foreign-currency risk.
Sir Rabbie said that PNG had benefited from loans and grants from ADB since 1971.

Currently, there are 11 ADB loan-funded projects underway like the Highlands Highway maintenance programme, smallholder agriculture, Government financial management, employment skills, water transport and maritime navigation aids, microfinance, provincial water supply and sanitation, and fisheries.


courtesy: http://www.thenational.com.pg/041607/nation26.htm

This is a very interesting read and hopefully the new Government include in their policies.
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Old 18-04-2007, 09:40 AM
saina saina is offline
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By the way, even if there were loans taken by the goverment, money raised by the goverment or donations from friends, MAFIA RULES IN WAIGANINational April 18). almost 50% of all those money will be corrupted before they reach the people.
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Old 02-06-2007, 12:11 PM
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Also did you know that the PNG Govt needs the aid money for it's annual budget every year. It is very true!!!!
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