PM APPLAUDS ABEL FOR BUDGET
BY : Post Courier
Prime Minister Peter O’Neill has commended his deputy and Treasurer Charles Abel for successfully handing down the 2017 Supplementary Budget in Parliament yesterday.
“I commend the Treasurer as this is his first budget/money plan. There are now some renewed sense of energy in Treasury and of course as a result of that you can see some real drive into outstanding issues like over expenditure by public servants. The Treasurer is definitely getting things back on track.”
Mr O’Neill said that development is taking place across the country in the areas of infrastructure, health and education. “This is only the beginning and we will make sure we deliver before this term expires,” he said.
“You see, when we came into office in 2012, we built major infrastructure that you see now,” he said.
“If we did not build these infrastructure, the recession will be far worse than today.”
Mr O’Neill said the National Alliance-led government was in control for 15 years and they handed out about seven supplementary budgets when they had surplus, but never built any infrastructure.
“To date, they still can’t name an infrastructure they built, and they left no money in the Trust Account,” he said. “Treasury is the engine room, the heart that controls the body, and you should be very careful.
“It is a fact, that we are all responsible to correct the position when they are course blow outs, to correct it so we set new targets and that is 2.5 per cent of GDP,” Mr O’Neill said.