15.01.2015 - PNG: The World’s Biggest Grower in 2015?
During the 23rd Australia-PNG Ministerial Forum, Australian Foreign Minister Julie Bishop noted Canberra’s desire to “make sure that PNG has in place a sovereign wealth fund so that the money they are receiving from these massive energy projects can be spread throughout PNG.” She also announced plans to support gender equality (the prevalence of violence against women is likened to that seen in war-zones) and support the transformation of the public service. Both the creation of a sovereign wealth fund and changes to public service sector should help deal with some of PNG’s more endemic problems. Allegations of government corruption have been of major concern. The prime minister will later this month face charges of misconduct in office. Similarly, the grace period for the prime minister against motions of no confidence ends in 2015 and thus could see him more vulnerable if things go awry...............................................Full Article: Source
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