Bart Philemon MP, Acting Chief Secretary Mr Manasupe Zurenuoc, Heads of Government Departments and State Agencies, members of the Consultative Implementation Monitoring Council, my fellow colleagues on the Panel, Mr. Simon Tosali Secretary Department of Treasury, Mr. Joseph Lelang Secretary Department of National Planning, Monitoring and Rural Development, and Mr. Henry Parakei, Secretary Department of Transport, distinguished participants.
Papua New Guinea is enjoying the fourth year of relatively high economic activity as measured by the real growth in Gross Domestic Product (GDP). The average annual growth in GDP for the four years 2007 to 2010, is estimated at 6.7 percent which translates to a per capita growth of 4.3 percent per annum.