BY SAMIE WAIKORI
MALAITA provincial government revealed an appropriation co-funding of $302,748 to its Provincial Capacity Development Fund (PCDF) capital projects for 2023/2024.
The appropriation represents around 14 percent of the total PCDF revenue and an important area on the performance measures of the PCDF.
MPG’s Minister for Finance, Hon Randol Sifoni recently said that this contribution of $302,748 is important towards MPG’s development projects for 2023/2024.
He explained that the reason for the appropriation was because MPG had missed lots of marks in this area in the recent PCDF assessments.
Sifoni added that meeting the appropriation will not allow Malaita provincial government to foregone this performance measure in the future.
The PCDF assessment for 2022/2023 has shown another disqualification for Malaita province with a consequence of no SIG funding for its approved projects for 2023/2024.
This is the second time MPG has disqualified for the PCDF under the current assembly after its first disqualification in the 2021/2022 financial year.
The PCDF assessment for 2023/2024 will be next month and information within MPG had it that Malaita province will again disqualify for the third time.
