The ABG President chief JOHN MOMIS wants the closed PANGUNA Copper mine on Bougainville island to reopen to support the ABG with much needed funds to deliver much needed services to the people of Bougainville.
Speaking on his weekly Radio Talk on New Dawn FM, chief Momis said that PANGUNA was a single impact project that can bail out Bougainville from its financial problems.
He explained this however would happen after a completely new agreement is negotiated with BCL and other stakeholders like the landowners. ABG and the PNG government.
ABG president Momis said that with the draw down of powers to the ABG it was becoming evident that only PANGUNA mine can provide that sort of funds.
Last week the deputy president of Meekamui unity government, PHILIP TAKAUNG called on President Momis to continue his work as they were behind his leadership.
And the MOU Awareness workshop in Tarlena was told by all the presenters that they could not fast tract preparations for the draw down due to funding constraints.
NEW DAWN FM understands that most of the funds allocated under the ABG 2012 appropriation arrived this week with only two weeks remaining to the close of all Government Accounts.
And most funds would be carried forward to next year or returned to the National Governments consolidated funds as un-used funds.
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