The Budget Accountability of the IPIC Loan
By SAM BASIL MP The Opposition exposed the 2014 Budget Deficit for the citizens of Papua New Guinea (PNG) to be a rushed, templated copy of the 2013 Budget Deficit. This was to show the O’Neil government’s inefficient management of the country’s economy and the Opposition understood and forewarned earlier in 2014, that the impending Budget Deficit would be alot higher than what was announced where the details were not well explained and where the O’Neil government would not be able to account properly for their financial promises. There has been many a “smoke and mirror” charade by the O’Neil Government with media statements lacking facts but rather story lines blaming all others including the Opposition without explaining the actual facts. One of these storylines is that the Government is not able to pay DSIP funds on time as required by the Constitution and this must provide the guidance for the people that something is going on that is not transparent or fair for all Papua New Guine