NEFC Congratulates Hon. Joseph Lelang as Minister for Rural and Economic Development.

by Rohan Ranu | Oct 21, 2024 | News Articles

Photo: Ministers toasting the launch of NEFC’s Corporate Plan The Chairman and Chief Executive Officer of the National Economic & Fiscal Commission Patrick Kennedy Painap has on behalf of the Commission extend his sincere congratulations to Hon. Joseph...

Technical Working Group (TWG) on IGFAR conducts its first meeting for the year 2024.

by Rohan Ranu | Oct 21, 2024 | News Articles

In paving the way forward to achieving a reform on the current intergovernmental financing arrangements and to have a fiscal transfer system that is integrated and intact for the flow of services from the National down to the sub-national governments, the...

Fiscal Transfers important to ensure balance at all levels of Government: Painap

by Rohan Ranu | Oct 21, 2024 | News Articles

Story by Merolyn Ten of Post Courier (Date: 20th Feb 2024- page 14) The National Economic and Fiscal Commission Chairman and Chief Executive Officer Patrick Kennedy Painap says the Intergovernmental Fiscal Transfers is paramount importance at all levels of the...

Reforms have resulted in a shift between shares of responsibilities with different tiers of Govt

by Rohan Ranu | Oct 21, 2024 | News Articles

Story by Merolyn Ten of Post Courier (Date: 20th Feb 2024- page 14) There has been many institutional reforms since 2009 towards the 12 Strategic Priority Areas of the Medium Term Development Plan IV of the National Government. The Strategic Priority Areas includes...

Change of System affected tracking of funds. Painap

by Rohan Ranu | Oct 21, 2024 | News Articles

Story by Claudia Tally of Post-Courier: The change from PNG Government Accounting System (PGAS) to the Integrated Financial Management System in 2018 has affected the tracking of funds over the last five years. According to National Economic and Fiscal Commission...

Governors call for more powers is reasonable: Painap

by Rohan Ranu | Oct 21, 2024 | News Articles

Story by Claudia Tally of Post-Courier (14th February 2024) The call from the 22 Provincial Governors for decentralization of powers from the National Government is reasonable, says the funding watchdog. Chairman and Chief Executive Officer of the National Economic...