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Kina to capitulate or even drop further in the coming months, O'Neill throwing PNG under the bus while enriching himself.

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 PNGBLOGS Staff Writers Now we have another reason behind Don Polye's sacking. The 2013 Final Budget Outcome has just been released. It highlights the economically devastating effects of Prime Minister Peter O'Neill's constant (and often illegal) meddling in the nation's finances and his disregard for due process. No responsible Treasurer could have stayed in the job judging by the figures contained in the Outcome. They have Peter O'Neill's fingerprints all over them, and he is the one who should take the blame. He is ultimately responsible for what has happened in 2013, and he must be held accountable for the looming economic and fiscal disaster. The economy is already showing signs of stress, and the Outlook merely confirms what we all know. The price of basic foods such as bully, tinfish, rice, bread, milk and so on is skyrocketing as the value of the Kina collapses because of Mr O'Neill's mismanagement of the national economy and his gross irresponsi

Kina to capitulate or even drop further in the coming months, O'Neill throwing PNG under the bus while enriching himself.

Image
 PNGBLOGS Staff Writers Now we have another reason behind Don Polye's sacking. The 2013 Final Budget Outcome has just been released. It highlights the economically devastating effects of Prime Minister Peter O'Neill's constant (and often illegal) meddling in the nation's finances and his disregard for due process. No responsible Treasurer could have stayed in the job judging by the figures contained in the Outcome. They have Peter O'Neill's fingerprints all over them, and he is the one who should take the blame. He is ultimately responsible for what has happened in 2013, and he must be held accountable for the looming economic and fiscal disaster. The economy is already showing signs of stress, and the Outlook merely confirms what we all know. The price of basic foods such as bully, tinfish, rice, bread, milk and so on is skyrocketing as the value of the Kina collapses because of Mr O'Neill's mismanagement of the national economy and his

Retrospective and Perspective of Agricultural Development in PNG

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By PETER I. MOOROWER* Major agricultural policies in PNG in the past 20 years including those entailed in the White Paper: Agriculture 1996 – 2000 (National Food Security Policy;  National Agricultural Development Strategy 2002 – 2012, the PNG style’ Green Revolution etc) have not been met with desired results,  probably due to weak governance (institutional and / or political failures) and externalities.  These calls for serious review and redefinition of existing policies, towards mitigating constraint factors and development potentials of this country.  It may be to this effect that the National Agricultural Development Plan (NADP) is introduced with anticipation for successes. While the NADP is commendable, it is neither a panacea nor antidote as the plan has yet to translate intended strategies into realized ones.  Few questions needed to be asked from the outset:  Have the stagnant policies been appropriately reviewed and redefined to be implemented as per the plan?  Is the plan

Retrospective and Perspective of Agricultural Development in PNG

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By PETER I. MOOROWER* Major agricultural policies in PNG in the past 20 years including those entailed in the White Paper: Agriculture 1996 – 2000 (National Food Security Policy;  National Agricultural Development Strategy 2002 – 2012, the PNG style’ Green Revolution etc) have not been met with desired results,  probably due to weak governance (institutional and / or political failures) and externalities.  These calls for serious review and redefinition of existing policies, towards mitigating constraint factors and development potentials of this country.  It may be to this effect that the National Agricultural Development Plan (NADP) is introduced with anticipation for successes. While the NADP is commendable, it is neither a panacea nor antidote as the plan has yet to translate intended strategies into realized ones.  Few questions needed to be asked from the outset:  Have the stagnant policies been appropriately reviewed and redefined to be implemented as per the plan?  Is the pla

The secret beneath the rubble: Exxon in Papua New Guinea

Fourth World Films There are some disturbing facts buried in the debris of ExxonMobil’s $19 billion liquefied natural gas project in Papua New Guinea, which was funded in part by a U.S. government loan. In 2012, a landslide from an ExxonMobil quarry there killed 27 people -- a disaster ExxonMobil and the government of Papua New Guinea declared to be an act of God. Other evidence, however, paints a very different picture -- and also reveals the entire project is fueling civil unrest that may be approaching a boiling point. Our short documentary, which accompanies an in-depth piece published April 30 in The Nation , looks at what actually happened in landslide in Papua New Guinea.

The secret beneath the rubble: Exxon in Papua New Guinea

Fourth World Films There are some disturbing facts buried in the debris of ExxonMobil’s $19 billion liquefied natural gas project in Papua New Guinea, which was funded in part by a U.S. government loan. In 2012, a landslide from an ExxonMobil quarry there killed 27 people -- a disaster ExxonMobil and the government of Papua New Guinea declared to be an act of God. Other evidence, however, paints a very different picture -- and also reveals the entire project is fueling civil unrest that may be approaching a boiling point. Our short documentary, which accompanies an in-depth piece published April 30 in The Nation , looks at what actually happened in landslide in Papua New Guinea.

OIL SEARCH LIMITED, A MONSTER BUILT BY TAX PAYERS OF PAPUA NEW GUINEA

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Peter Botten - Photo Herald Sun   By R.S. MULAN The controversy surrounding the UBS/Oil Search Deal is too important to face a natural death with passage of time. Many experts and people in the know have openly described the deal as “not in the best interest” of Papua New Guinea. Much has been said about the impropriety and illegality of the loan hence I do not wish to labour on the same issue. I am not an expert nor do I claim to have industry knowledge, but a recent cursory inquiry had taken me to realise some of the connected yet unconnected facts about an empire the people of Papua New Guinea have been building –Oil Search Limited (OSL). Lies and deceits have led us to build a monster that we rarely own nor benefit from. According to Wikipedia online, OSL is acclaimed as the largest oil and gas exploration and Development Company incorporated in Papua New Guinea, which operates all of Papua New Guinea's oilfields. Founded in 1929, it is now one of Papua New Guinea'