PNG budget gives businesses some relief

THE PNG Government has unveiled a massive 8.9 billion kina ($US3.25 billion) budget for 2008 that includes tax relief for businesses and a boost to the country's gas development fund.

PNG budget gives businesses some relief PNG budget gives businesses some relief PNG budget gives businesses some relief PNG budget gives businesses some relief PNG budget gives businesses some relief

Under the budget, the Government will stop collecting stamp duties on borrowings, bills of lading on shipped goods, incorporation of companies and insurance policies.

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