Peter O’Neill

​State paid off UBS loan: O’Neill

Prime Minister Peter O’Neill made the statement on the floor of parliament this morning when replying to questions from Sinasina-Yongamugl MP and Opposition member Kerenga Kua.

“The proceeds of the shares have completely paid off all the UBS loans, all the interest that is outstanding,” said O’Neill.

“There is no further obligation on the part of the State or even the Kumul Petroleum Holdings.”

The PM further stated that there is a residual value of close to K120 million that will be paid to the state and placed in the government’s consolidated revenues.

Smaller nations suffer the consequences: PM

This was the message delivered by the Prime Minister of Papua New Guinea, Peter O’Neill, when addressing the United Nations General Assembly on Saturday in New York. 

“Many of the challenges that confront us today are not of our making, but we bear the consequences of actions by other larger and developed countries,” PM O’Neill said to leaders and delegates from UN Member States. 

“We live in a rapidly globalising world, where many events and influences are beyond national borders. 

Hunters’ win proves critics wrong: PM O’Neill

He said the Government’s investments in building sporting infrastructure in the country, was not wasted but have proven to be successful.

O’Neill made these remarks, when welcoming the SP PNG Hunters this afternoon, at the Jacksons international airport in Port Moresby.

“When we tried to put a team into the Australia’s National Rugby League competition, many critics criticized us, saying we are not fit to play in such tough competition.

He said many times we have been always being criticized and always told that we could not do this and that.

Government to continue to implement reforms

He said working with good investors will be a priority for the government in order to gain the most from our natural resources.

 “We must continue to diversify our economic base and must also keep investing in our people.

“Today, more and more Papua New Guineans are in senior professional and technical positions, and this will continue to expand.

“We will continue to improve education, and to train our people in technical colleges and universities. We will continue to strengthen healthcare in our country so that we have a healthy workforce.”

O’Neill confident in hosting APEC in 2018

Speaking during the flag raising ceremony on the Independence Day O’Neill said our nation will be on display as we host the APEC Summit.

He said by the time of the APEC Leaders’ Summit next year, more than 15,000 APEC delegates will have visited our country.

“We will welcome the Presidents and Prime Ministers of the other 20 APEC countries, representing more than half of global trade.

“This presents unique opportunity for our country.

“We must promote our country to a global audience and the global investment community.

Basil’s move strengthens Alliance: Pruaitch

Opposition Leader, Patrick Pruaitch in a statement said Basil’s decision surprised leaders within the Alliance although the public received early warning through media reports that a crossover was about to happen.

“A formal announcement was delayed allowing for negotiations on the ‘30 pieces of silver’ needed to entice 12 Pangu Pati members across to Government, rather than the initial nine or 10 MPs,” he said.

Prime Minister, Peter O’Neill, currently has 73 MPs in the ruling coalition, giving him the ability to dominate Parliament and to bulldoze through any legislation.

​Date set for PM’s warrant appeal hearing

The matter was set down for the end of October by the Supreme Court today.

The two separate appeals were joined after parties in the case agreed that they had similar grounds, as both emanate from the same National Court decision which dismissed the review case, challenging the legality of the arrest warrant that was taken out against the Prime Minister in June 2014.

Justice Stephen Kassman last month issued an order putting the case on the fast track list.

Government committed to reforming healthcare services

Prime Minister, Peter O’Neill in declaring the 53rd Medical Symposium open this morning in Port Moresby, said for the symposium to continue in order to advance the delivery of healthcare in our country.

O’Neill said improving access to universal healthcare is a top priority of the Government and that the government is committed to reforming healthcare services in the country.

CBC Supports 22 reserved seats

“There are 111 parliamentarians but shockingly all of them are men! There are no women. Our House of Parliament is a ‘Hausman’ (house of men)!” said Fr Victor Roche.

He is calling on all members of parliament including the opposition to vote for the proposal.

There are only 6 nations in the world where there are no women representatives in the parliament. PNG is one of them.

Roche questioned why women were undermined even though 48.9% of PNG’s population are female.

Appeals surrounding PM’s warrant joined

The two seperate appeals were joined after parties in the case agreed, that they had similar grounds, as both appeals arise from the same National Court decision, which dismissed the review case, challenging the legality of the arrest warrant that was taken out against the Prime Minister in June 2014.