AGP Executive Report
Last update: 42 minutes agoFuel Subsidy Fallout: PNG CORE says fuel suppliers will revert to market-based pricing after reimbursement delays, warning some outlets could be hit even as it insists there’s no shortage; the shift is effective May 15, 2026, following government efforts to keep prices at April levels. PM Pushback: Prime Minister James Marape has threatened sackings over subsidy payment delays, pointing to K576m sitting in a Central Bank trust account and K246m already released, while service stations reportedly shut temporarily. NCD Assurance: NCD Governor Powes Parkop counters panic in Port Moresby, saying Marape has assured him supplies are adequate and price issues will be fixed today. City Development: Parkop also met the ADB to map Port Moresby priorities—transport, affordable housing, and water and sanitation. Education Oversight: UNITECH is tightening controls on student subsidy funds with a planned MOU to improve district-supported fee management. Regional Politics: Marape congratulated Solomon Islands’ new PM Matthew Wale, pledging continued cooperation on security, fisheries, and infrastructure.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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