090812Lera says Bougainville needs more By Tapo Tovilu
The newly elected Regional member for Bougainville, JOE LERA says Bougainville needs more revenue if it wants to independently run its affairs.
He says currently Bougainville is sourcing out between 9 to 10 million lina per annum adding this was mot enough.
He said Bougainville needs about one billion kina per annum to run alll its program.
The regional member says that the only avenue currently for Bougainville to source all the funds it needs is to re-open the Panguna mine and also establish other additional industries.
He added that Bougainville has rich mineral resources That can source more than enough funds to sustain it as a country on its own.
MR.LERA said that the opportunities were there but it all would depend on the political will by its leaders.
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