Posted on PNG Today
PNG Opposition strongman Ling-Stuckey queries PNG Govt’s economic rescue plan: A week has gone by plus a NEC meeting held, but there is still no economic rescue plan yet announced by the Marape government under Treasurer Sam Basil. And this should have been the most urgent business for the government when it assumed office.
These were the sentiments expressed yesterday by Shadow Treasurer and Member for Kavieng Ian Ling-Stuckey who questioned why there was no urgency in dealing with the country’s poor economic performance. “Our economy is in crisis. Living standards have dropped by 10 per cent under O’Neill. Health, education and justice delivery are in crisis. “Where is the new government’s rescue plan? “The first NEC meeting has occurred under the new government. But there is no economic rescue plan – why not?
“This is a disgraceful reflection on the economic team of the new government led by Basil, including Abel and Maru, and may best be described adopting Prime Minister Marape’s own words borrowed from the Laguna camp “The clowns of Crown.” “Let’s form a true crisis team to save PNG from the failed policies of O’Neill. “Let there be good analysis and vision. “The alternative government had a powerful, wise and comprehensive rescue plan. We are ready to take back PNG.
“If you want your children to have a better future, you need people in your team that understand how the economy works. “If you want to be re-elected, you need to have people in your team that can actually improve living standards over the next two years, people who can get jobs growing again, people who can dig into the detailed figures and go beyond fake numbers to find the truth, and based on true numbers, determine wise ways forward,” he said.
He said Mr Basil has not demonstrated the vital capacities for a Treasurer to challenge and put forward different ideas to the Prime Minister. Mr Ling-Stuckey said history demonstrates that good and equal talking between the Prime Minister and Treasurer makes for better economic outcomes to lift living standards in-between the political struggles.
Go to this link for more: https://news.pngfacts.com/2019/06/png-opposition-queries-marape-govts.html
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