AGP Executive Report
Last update: 12 hours agoFuel Subsidy Fallout: PNG CORE says fuel suppliers will shift back to market-based pricing from May 15 after months of delayed government reimbursements under the subsidy scheme—raising the risk of short-term retail disruptions even as it insists there’s no shortage. PM Warns Bureaucrats: Prime Minister James Marape has threatened sackings over the delays, pointing to K576m sitting in a Central Bank trust account and K246m already released, but not moving fast enough to keep service stations running. NCD Assurances: NCD Governor Powes Parkop counters panic in Port Moresby, saying Marape has assured him supplies are adequate and the price issue will be fixed today. City Development Push: Parkop also met the ADB’s new country director to line up future work on transport, affordable housing, water and sanitation for the capital. Regional Politics: Marape congratulated Solomon Islands’ new PM Matthew Wale, pledging continued cooperation on security, fisheries, labour mobility and infrastructure.
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