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By Staff Reporter : PNG Today

People say O'Neill government borrowing more loans

Many people in Papua New Guinea are getting on Social  media claiming that PM O'Neill's Peoples National Congress (PNC) party led government   had been borrowing too much money.

But Prime Minister Peter O’Neill denied that, yet again, while on campaign tour for his Nawaeb Open seat candidate and incumbent MP Gisuwat Siniwin in the Wain-Erap local level government area in Morobe.
“People say the government is borrowing too much but that’s not true,” PM O’Neill said.
He said the country is still growing stronger in terms of the economy.
“The World Bank, International Monetary Fund (IMF), Asian Development Bank, Australia, America and others say our country is heading the right way.

“Our loan is under less than 35 percent which is one of the lowest in the world.
“Don’t listen to lies from people,” the PM urged the crowd that turned out to see and hear him at Wana Primary School in the Wain-Erap LLG.
He said the government under his leadership had stood firm in the last five years.
The PM also said they will make sure the districts continue to get enough money.
He said the government had been focused on bringing services to the people which is something past governments had not done.
“We have provided free education and health care in the last five years and paid for over 2 million children’s school fees.

“We also gave K10million to districts every year which is something that had not been experienced before.”
He urged the parents to think twice before choosing their leaders.
“Parents, you must think twice. What kind of life do you want your children to have? Choose properly,” O’Neill said.
He said his government had continuously spent money to improve services in the districts across the country.
“Stability is an important thing in our country.
“Our government wants to bring services to the local people,” he said. Post Courier/PNG Today

Posted by Staff Reporter : PNG Today on 4:05 PM. Filed under , , . You can follow any responses to this entry through the RSS 2.0. Share this Article

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