Marape Government Hands down PNG's Record K24.5 Billion Budget

 Papua New Guinea's Treasurer Ian Ling-Stuckey has presented a whopping K24.5 billion budget for 2023 in Parliament this afternoon.

Treasurer Ian Ling-Stuckey 

The 2023 money plan is the largest in the country's history.

Treasurer Ian Ling-Stuckey when presenting the 2023 Budget in Parliament today said the money plan is the largest investment in the history of the country.

Total revenues will be another record estimate of K19.5b, a 20.9 percent increase from 2022.

Mr Ling-Stuckey said the 2023 budget also delivers a billion-kina reduction in the size of deficit down from K5.9b in 2022 to K4.9b in 2023.

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