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Maru Confirms PNG Power Has K1.2 Billion Debt and Seeks K100 Million Supplementary Budget
🇵🇬 Papua New Guinea /Economy & Trade

Maru Confirms PNG Power Has K1.2 Billion Debt and Seeks K100 Million Supplementary Budget

From Post-Courier · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Minister responsible for PNG Power, Richard Maru, confirmed the company has K1.2 billion in debt.
  • PNG Power has requested K100 million from the government through a supplementary budget.
  • The report is available in full through a paid Post-Courier subscription.

PNG Power Limited has K1.2 billion in debt and is seeking K100 million in supplementary government funding, according to Minister responsible for PNG Power Richard Maru.

Maru confirmed the figures in Parliament. The report does not provide further details about the company’s debt or the requested allocation.

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About this summary

Originally published by Post-Courier in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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