Papua New Guinea will be debt-free by 2030 – Prime Minister James Marape
The Prime Minister of Papua New Guinea Hon. James Marape said that the Nation will be free from its debts in 12 years time.
Papua New Guinea will be debt-free by 2030
By CLIFFORD FAIPARIK | The PNG Bulletin | 25 January 2022.
PAPUA New Guinea will be debt-free in 12 years time Prime Minister James Marape says. “By 2034 we will have no debts, by 2030, PNG will reach a K200 billion economy, by 2030 free education will be in full swing, by 2030 roads will link all over the country through the Connect PNG program, by 2030 we will have all the infrastructures up. We (government) have seen the destination and we are planning and working towards achieving that goal.”
Marape also said that Papua New Guinea was not greatly affected by the coronavirus pandemic unlike what is happening in other countries. “That is because we have mothers praying for us.” Marape said that in Magarima station in Hela Province last Friday.
The Prime Minister also announced the awarding of more than K1.4 billion of road contracts around the country. The K1.4 billion worth of road contracts add to those already in place under the Government’s Connect PNG program, of which about K1 billion had been expended in the past two years.
The contracts are:
- K159 million for the Ramu-Madang stretch of the Ramu Highway in Madang;
- K147.5 million for the first stretch of the Wewak-Vanimo Highway up to Aitape;
- K115.9 million for the Momote Airport-West Coast Road in Manus;
- K164 million for upgrade of Imulima Bridge-Moreguina stretch of Magi Highway in Central, to link with Milne Bay;
- K70 million for Bautauma-Imulima Bridge section of Magi Highway in Central;
- K138.5 million for New Britain Highway from Kimbe in West New Britain to Kokopo in East New Britain;
- K400 million for Yalu BridgeNadzab Four-Lane Highway in Markham Valley of Morobe;
- K50 million for sealing of KiungaTabubil Highway in Western, which will ultimately lead on to remote Telefomin in West Sepik;
- K15 million for sealing of Daru Town roads;
- K66 million for Bulolo Highway resealing; and,
- K80 million for sealing of HalimbuKoroba Road in Hela;
“Over the last two years, we have spent almost K1 billion on roads in Papua New Guinea,” Marape said. “Roads are already going into remote places like Maramuni in Enga, Karimui in Chimbu, Simbai in Madang and Finschhafen in Morobe.”