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PNG Government provides K590 Million Cost of Living Relief for Citizens

Papua New Guinea  Prime Minister James Marape says the K590 million in cost-of-living relief, provided for in the biggest-ever K24.567 billion 2023 Budget handed down today (November 29, 2022) by Treasurer Hon. Ian Ling-Stuckey, shows that it is a “People’s Budget”. He said this today after PNG Treasurer Ling-Stuckey handed down the Budget in Parliament.  Treasurer Ling-Stuckey  “What Treasurer Ling-Stuckey announced today shows that the Pangu Pati Government I lead is caring, responsible and responsive,” PM Marape said. “The 2023 Budget is truly a ‘People’s Budget. “Pangu Pati and our coalition partners went into the elections with a commitment to better Papua New Guinea, the people voted for us right throughout the country, and we are now delivering through the 2023 Budget. “All-in-all, the Budget is tailored towards lifting our country, and is more people-focused than ever before.” The K590 million relief includes: • Tax cuts of K63 per fortnight for those earning more than K20,000