A 2026 supplementary budget redirects funds to fuel price relief, El Niño response and 2027 election preparations, with a balanced budget targeted for 2027. The US$14.5 billion Papua LNG final investment decision is due on 15 December 2026.
Pemerintah · pemimpin
Head of state King Charles III (Governor-General Grand Chief Sir Bob Dadae); Prime Minister James Marape
Agenda nasional
- Fiscal consolidation and a balanced 2027 budget (deficit near 1%)
- Papua LNG (US$14.5 billion) FID and securing resource revenue
- Free and fair 2027 national election (K200 million for the Electoral Commission)
- El Niño and drought response, fuel price relief
- Public service modernisation including AI
- Constitutional process on Bougainville's political future
Program pemerintah
Papua LNGUS$14.5 billion (about K60 billion)
ExxonMobil-led consortium; FID scheduled for 15 December 2026
AI in public administration (GovAoS platform)
AI productivity platform piloted at the PM's department, to be scaled government-wide, with AI agents planned
2027 national election preparationsK200 million (K50 million + K150 million supplementary)
Electoral roll update, polling logistics, official training, security
2026 supplementary budget
Fuel price support (about K800 million, expected above K1 billion by year-end), El Niño response, no new borrowing
Revenue mobilisation (IRC and Customs)
IRC collected K16.5 billion in 2026 (81% of the revised K20.3 billion target); Customs revenue up 42%
Peluang bisnis
Government AI workflow automation consulting and training
The PM's department has formally set out piloting an AI platform, scaling it across government and adding AI agents.
Department of PM and NEC, Department of ICT, departmental digital transformation officers
Tax and customs data analytics and collection automation
Higher revenue is central to the 2027 balanced budget.
Internal Revenue Commission, PNG Customs
Supply-chain entry support for local SMEs around LNG
Large local procurement demand may follow the FID (estimated).
Local firms, provincial governments, landowner companies
Public agency performance management and spending reviews
The government is controlling spending through weekly Budget Management Committee meetings.
Department of Finance, Treasury, National Planning
Dukungan Korea
- KOICA Port Moresby office re-establishment · KOICA — A grant-aid framework agreement signed in December 2025 allows KOICA to reopen its office after about 12 years.
- Export Voucher · Export Voucher programme — Covers Pacific market research and local marketing costs via vouchers.
- Overseas construction and investment development support · KIND (Korea Overseas Infrastructure & Urban Development Corp.) — Feasibility study support could be explored for LNG-linked infrastructure investment projects (estimated).
Pengumuman resmi
Department of Prime Minister and NEC (pmnec.gov.pg)
- 2026-10-21 PM calls for fair 2027 elections and commits a total of K200 million to the Electoral Commission
- 2026-10-27 PM rejects Papua LNG revenue-loss claims ahead of the 15 December FID
- 2026-10-28 PM commends IRC's K16.5 billion collection and restates the 2027 balanced-budget goal
- 2026-10-29 Chief Secretary announces a public-service AI roadmap (GovAoS, AI agents)
Bencana · konflik · wabah
Stabil 2026-10-30
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