Showing posts with label National Planning. Show all posts
Showing posts with label National Planning. Show all posts

Monday, 1 October 2018

PNG Govt's Medium Term Development Plan III (MTDP 3), 2018-2022 launched by Prime Minister Hon. Peter O'Neill

THE Government of Papua New Guinea's Medium Term Development Plan III, 2018-2022 officially launched by Prime Minister, Hon. Peter O'Neill, on Saturday 29th September 2018 in Port Moresby.

The MTDP III was formulated through a very tedious consultative process over a period of 9 months. The Prime Minister said this plan prioritises the development agenda in the Alotau Accord II which this Government will pursue in the medium term.

It outlines the development roadmap for the country and a guide on the efficient allocation of resources in key areas that will grow our economy in an inclusive and sustainable basis.

Minister for National Planning, Richard Maru, said the Government will invest K27 billion to fund the implementation of the MTDP III between 2018 and 2022.

"We commit our plan to God and trust that with his providential care we can scale the heights and achieve the ambitious targets we have set for ourselves in pursuit of our goal to 'Secure our future through inclusive sustainable economic growth'," Maru said.