IS PNG GOVERNMENT RUNNING OUT OF CASH?
By BRYAN KRAMER I have been tracking this issue for sometime since September 2014 when a number of service providers made known their Government Cheques were bouncing. I started to make inquires with my contacts in the Treasury and Finance Departments to confirm whether there was any truth in it. Sadly the feed back was the Government had no funds and the Department officials were given instructions to go out and look for money. While many have been praising our Government for achieving so much people failed to put thought to where all this money was coming from or whether we could afford to be spending it all. In December 2014 the Government failed to pay for the teachers leave pay. Opposition Leader Don Polye published it was because the Government had mismanaged the Country's funds. Polye challenged Prime Minister to admit to the nation that the Government has run out of cash. “There’s no money in the system, the private sector is under stress, there’s l