by user | Oct 21, 2024 | Article Archives
The National Economic & Fiscal Commission (NEFC), Department of Treasury, together with a Review Committee comprising of twelve (12) key government agencies hereby notify Provincial Governments, Districts Development Authorities (DDAs), Local Level Governments,...
by user | Oct 21, 2024 | Article Archives
This is a comprehensive and mandatory report on the Organization’s activities throughout the preceding years. Annual reports are intended to be tabled in parliament to provide the government, stakeholders and the general public information about the NEFC’s activities...
by user | Oct 21, 2024 | Article Archives
Since 2006, the National Economic and Fiscal Commission (NEFC) has been conducting the annual Provincial Expenditure Reviews (PER). The inception of the Reforms on Intergovernmental financing arrangements (RIGFA) has enabled approximately K2 billion to be allocated to...
by user | Oct 17, 2024 | Article Archives
The National Economic and Fiscal Commission has revealed an increase in the 2024 Function Grants allocation to the Provincial and Local Level Governments. NEFC through its 2024 Budget Fiscal Report determined the Function Grants for the Provincial and Local Level...
by user | Oct 17, 2024 | Article Archives
Cost of Services Study is an important tool that assist decision-making within the area of fiscal transfers or financial arrangements between different levels of government. In PNG Costing Studies are conducted periodically (after every 5 years) by the NEFC to measure...
