PNGBLOGS

by GOVERNMENT INSIDER Isaac Lupari has recently become the Chairman of Public Debt Committee,(PDC), their core function is to manage the cashflow of the country. PDC is made up of Treasury Management(Chairman), Finance Management and Bank of PNG. PM's Dept is not suppose to interfere with the operation of Treasury management. The responsibilities to raise revenue and expenditure lies with the treasury IRC, Customs and Finance according to the constitutional functions of these institutions. Never in the history of this country a Chief Secretary becomes the Chairman and manipulate the cash flow management of the country, that means, Isaac Lupari is a superfluous who is hell bent on destroying  the core functions of these constitutional institutions and politically compromise the prudential fiscal management and governance of established government institutions. Does this show that the Governor of the Central Bank, Secretaries for Treasury and Finance and their Management t