Month: January 2024

Prime Minister and Treasurer Marape announces comprehensive review into Treasury

Port Moresby, January 21, 2024 – Prime Minister and Treasurer Hon. James Marape today expressed his commitment to thoroughly investigate key issues affecting the country in his capacity as Treasurer. The Prime Minister officially assumed the role of Treasurer following a Cabinet reshuffle announced last Thursday, succeeding Hon. Ian Ling-Stuckey. The Prime Minister looks forward …

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Prime Minister Marape vows to rebuild Port Moresby for a safer future

Port Moresby, January 17, 2024 – Prime Minister Hon. James Marape today pledged the Government’s commitment to transform Port Moresby into a “safer, better city for all of us.” Addressing the media during a press conference held this afternoon, the Prime Minister, flanked by members of the ruling Pangu Pati and major coalition partners, emphasised …

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Prime Minister Marape announces historic appointment of Ms. Elizabeth Genia as the first moman Governor of the Bank of Papua New Guinea

Port Moresby, January 16, 2024 – Prime Minister Hon. James Marape announced today the historic appointment of Ms. Elizabeth Genia as the first woman Governor of the Bank of Papua New Guinea (BPNG). Ms. Genia, who has been serving as the Acting Governor of BPNG since January 2023, was officially appointed by the National Executive …

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PM Marape: Pangu Government delivers income tax cuts, refutes Opposition’s ‘false claims’

Port Moresby, January 14, 2024 – Prime Minister James Marape said today his Pangu Government has delivered tax cuts to workers, not tax increases. He said this in response to ongoing Opposition ‘fake news’ about tax increases by the government. The Prime Minister said claims by the Opposition about tax increases were designed purely to …

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State-of-Emergency declared in National Capital District following riots and suspensions of top officials

Port Moresby, January 11, 2024 – In the aftermath of yesterday’s widespread rioting and looting in Port Moresby, Prime Minister Marape today announced a 14-day State-of-Emergency (SoE) in the National Capital District. The announcement came as a response to the unrest, and four high-ranking officials—Police Commissioner David Manning, Finance Secretary Sam Penias, Treasury Secretary Andrew …

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Prime Minister Marape calls for peace and unity across Papua New Guinea

Port Moresby, January 11, 2024 – In the aftermath of yesterday’s riots and looting in Port Moresby, Prime Minister Hon. James Marape has issued a heartfelt appeal to all Papua New Guineans, urging them to prioritise peace and normalcy. The Prime Minister expressed his deep concern for the unnecessary incidents that occurred. During a press …

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Prime Minister Marape allocates K296.4 million to Education and Higher Education departments for school fees

Port Moresby, January 10, 2024 – In a significant move towards investing in the future of Papua New Guinea, Prime Minister Hon. James Marape presented a substantial sum of K296.4 million to the Education and Higher Education departments today. The allocation, aimed at covering school fees, comes with a strong call from the Prime Minister …

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Prime Minister Marape welcomes milestone agreement between Chinese company Ramu Nico Management Ltd and Kumul Minerals Holdings Ltd

Port Moresby, Papua New Guinea, January 9, 2024 – Prime Minister Hon. James Marape expressed his satisfaction today at the signing of a groundbreaking agreement between Chinese company Ramu Nico Management Ltd and Kumul Minerals Holdings Ltd. The Memorandum of Understanding (MOU) signifies a significant step forward in fostering mutual trust and cooperation between China …

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Prime Minister Marape announces increased Government allocation of K856 million for school fee assistance in 2024

Port Moresby, January 8, 2024 – Prime Minister Hon. James Marape announced today that the Government’s allocation for school fee assistance in 2024 will see a significant boost to K856.686 million, marking an increase of K88.846 million from the 2023 allocation of K767.84 million. The announcement comes after an extensive meeting with Education Secretary, Dr. …

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Prime Minister Marape announces continued expansion of STEM scholarship programme and international opportunities for Grade 12 students

Port Moresby, January 8, 2024 – Prime Minister Hon. James Marape today confirmed the continuation and expansion of the groundbreaking Science Technology Engineering and Mathematics (STEM) scholarship programme. The initiative, spearheaded by the Prime Minister, has proven successful, with 43 exceptional students from the STEM programme at the six national schools of excellence – Sogeri, …

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