Bougainville Adopts $185.8 Million Budget For 2013
By Joe Elijah
PORT MORESBY, Papua New Guinea (PNG Post-Courier, ) – The Autonomous Bougainville Government has passed a whopping K390 million [US$185.8 million] budget for 2013, which will centre on impact projects and rebuilding of the region’s infrastructure.
This is the single biggest budget for the newly established autonomous government since its inauguration in 2005.
ABG Treasurer, Albert Punghau told the members of the House of Representatives that the 2013 budget represented the largest budget ABG has ever passed in its short history.
In handing down the budget, Punghau expressed that this Budget was K120 million [US$57.2 million] in excess of the 2012 Budget and that this increase was brought about as a direct consequence of the rollover of K94 million [US$44.8 million] under the High Impact Project Program for 2012, K15 million [US$7.1 million] Restoration and Development Grant, K30 million [US$14.3 million], DSIP, K15 million Provincial Support Improvement Program (PSIP) and the re-appropriated Project Funds of K17.9 million [US$8.5 million] for 2011.
An additional K100 million [US$47.6 million] presenting the second tranche of the Special Financing Package for High Impact Projects to be implemented during 2013 is also incorporated in the 2013 budget.
On the same token, the ABG has also identified High Impact Projects under its 2013 Budget totaling K100 million.
They include, the Buka Ring Road which has been allocated K20 million [US$9.5 million], Kokopau to Buin road sealing, which has been allocated K18 million [US$8.6 million] and the Provincial Trunk Roads Arawa, Buiwai, Bana, a total of K10 million [US$4.8 million] each.
Feeder Roads will be maintained at a cost of K10 million and the Siara Korepovi roads K5 million [US$2.4 million]. Under sea transport, the ABG has allocated K5million for Atolls shipping.
Under Health and Sanitation Infrastructure a further K10 million has been allocated for Arawa and Buka water supply and sewerage.
Under Public Utilities a further K5 million has been allocated for Bougainville Power upgrading and K3 million [US$1.4 million] for Communication Development projects.
Under Economic Development a further K5 million has been allocated for Cocoa Development Project and Commercial fishing will be financed to the tune of K2 million [US$952,834].
The Law and Order and Justice has been allocated K4million [US$1.9 million] while the famous weapons disposal program K3 million.
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