What chance the PNG Govn't coming up with the price of 500 Maul's.. My guess is there's a better chance of the Aust Govn't gifting them,,,,,and there's not much chance of that..
It's time MST came up with an alternate volume sales contract, and Pronto......
PNG finances a 'profound embarrassment'
By PNG correspondent Liam Fox
Posted Fri May 27, 2011 8:01pm AEST
A report has described Papua New Guinea's public finances as a "profound national embarrassment" which has robbed people of basic services.
PNG's public finances are so shambolic that only now has the Public Accounts Committee been able to hand down a report into the 2007 financial year.
Committee chairman Martin Aini told parliament the record keeping was so bad they could not confirm the balance of public accounts.
He said money had been spent in breach of the constitution and other laws, bureaucrats had given themselves huge and illegal cash advances, and many departmental heads were untrained and ignorant of their duties.
"Those failures have resulted in a failed system of delivering development to our citizens," he said.
Treasurer Peter O'Neil agreed the committee's findings were embarrassing
http://www.abc.net.au/news/stories/2011/05/27/3229354.htm?section=world
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