by Rohan Ranu | Oct 21, 2024 | News Articles
The review of the Intergovernmental Financing System is likely to see changes in funding and fiscal decentralization. This is according to National Economic and Fiscal Commission Chairman and Chief Executive Officer Patrick Kennedy Painap who stated that powers given...
by Rohan Ranu | Oct 21, 2024 | News Articles
The National Economic and Fiscal Commission on Wednesday 31st January 2024 concluded a one-day planning workshop for the 2024 fiscal year. The workshop was aimed at getting the organization together to discuss how best it can achieve its Key Result Areas stipulated...
by Rohan Ranu | Oct 21, 2024 | News Articles
Central Governor Hon. Rufina Peter has commended the National Economic & Fiscal Commission and the Department of Treasury for their leadership in conducting the review of the Intergovernmental Financing Arrangement. Governor Rufina Peter made the commendation in...
by Rohan Ranu | Oct 21, 2024 | News Articles
The National Economic & Fiscal Commission has revealed that a total of K7.8 billion has been distributed as Function Grants to sectors at the subnational level since 2009. NEFC Chairman and Chief Executive Officer Patrick Kennedy Painap says within a span of 14...
by Rohan Ranu | Oct 21, 2024 | News Articles
The current Intergovernmental Financing System is fragmented, and this has hindered efficient resource allocation in one way or the other to the subnational governments. The National Economic and Fiscal Commission Chairman and Chief Executive Officer Patrick Kennedy...
by Rohan Ranu | Oct 21, 2024 | News Articles
The National Economic and Fiscal Commission is now in the process of having dialogue with the key line agencies listed under the Bougainville SHARPE Agreement to determine the progressive status on the draw down of powers and functions from Government of PNG to the...
