News Flash

Latest News Updates from NEFC

Warrant Releases - Warrant Release is a formal authorization or guarantee issued by Department of Treasury to Provinces and Local-level Government that a certain level of funding has been approved for disbursement. Once the warrant release data is published, a warrant authority is prepared and advice is provided to the Provinces and Local-level Governments advising of the availability of the cash release.

Previously, NEFC and Department of Treasury used to publish a warrant release publication every quarter in a year. However, as a result of the immense efforts of the line agencies to improve service delivery and address governance issues under (current) the Reform of Intergovernmental Financing Arrangements (RIGFA), in order to improve basic service delivery to the 85 percent of the rural people throughout PNG, warrant release data is published bi-annually.

National Economic & Fiscal Commission:
Kumul Haus, Port Moresby, Papua New Guinea
P O Box 566, Waigani, NCD , Papua New Guinea
Tel: +675 323 3024/ +675 323 2549
Fax: +675 323 2699  * 


Copyright © NEFC 2017. All Rights Reserved
National Economic and Fiscal Comission

Last Updated: 13th July 2018