2016 supplementary budget

K6bn revenue shortfall due to world oil prices

Prime Minister Peter O’Neill made this statement in Parliament on Thursday after the 2016 Supplementary Budget was tabled by Treasury Minister Patrick Pruaitch.

O’Neill said cuts in government expenditures to meet the shortfall in projected revenues, to implement the 2016 National Budget, will not affect its key policy areas of free education, free health care, support to churches and partners, infrastructure development and DSIP and PSIP funding.