-Set the Date of the JSB Meeting? -Confirm the Drawdown of Miningpower to ABG? -Confirm the Transfer of BOC Shares to B`ville? -Lifting of the Mining Moratorium? -Visit of the Pangunamine?
B’ville K100mil richer
The National, 20.9.2012
THE Autonomous Region of Bougainville yesterday received K100 million from the national government to help with its development.
Prime Minister Peter O’Neill, who presented a cheque for the amount to Autonomous Bougainville Government (ABG) President John Momis in Port Moresby, said the government was committed to ensuring that services continued to flow to the people. He said the government was also committed to working with the people.
O’Neill thanked Momis and his people for their patience.
He said this was the “first of its kind and unique” for a province to receive such a sum. O’Neill, who will visit Bougainville next week, said the funding was from the 2012 budget. He said he hoped the ABG would use the funds to address developmental issues.
Momis said the national government’s move had demonstrated its commitment to honouring agreements.
He said the PNG government and ABG had a great chance to work together.
BOC Price at posting:
79.5¢ Sentiment: ST Buy Disclosure: Held
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