PNG to continue downward spiral
By JOHN GADI The Kina TT sell rate is dropping fast in the last couple of days USD 0.4550, USD0.4531, USD0.4526 This is showing sign that this government is throwing the economy down the drain K500million deficit in 9 months is something to worry about Yes the problem list still stand tall regardless of K76billion spend in the last 10 years....constant power blackouts, incompetent Telikom png with unreliable services, Papua New guineans being paid under colonial pay grade as compared to their expatriate colleague with little experiences, roads system crumbling down still no company has found innovation in building tar roads that will last for more than a year Housing and health care is a problem for all urban areas in PNG and the worst is still in the rural areas government is not smart enough to develop sustainable agriculture project that can equal the magnitude of the LNG and other mining projects so to save our mineral resources for future industrialization and manufacturing for