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    You are at:Home»People»10 Memorable Sir Mek Quotes
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    10 Memorable Sir Mek Quotes

    AdministratorBy Administrator7 January 2021No Comments2 Mins Read
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    One of the most memorable things about Sir Mekere Morauta was his simple understandable speeches.  Here are some of the memorable ones we’ve picked out.

    As Price Controller – 1980

    “It is necessary to collect information on the total activities of the companies to ensure that the proper basis of allocating joint costs and invested funds are made between the activity under consideration and other operations of the company” 1980 on Petrol Prices

    As Finance Secretary

    “I find it very exciting and I’m very confident we can do it – run a government and run the country” On his appointment as Finance Secretary

    “The only way Papua New Guinea will become self-reliant is to put its scarce resources to efficient uses, not to start or to support industries which will be a long-term cost to the community” -addressing the 1980 Australia-PNG Business Conference

    “lf we launch an inefficient industry then someone has to pay for its support. If this is done through a direct Government subsidy, then it does not help us reduce reliance on aid.” – addressing the 1980 Australia-PNG Business Conference

    “Papua New Guinea can only survive the next few years of diminishing or static financial years if all Papua New Guineans take our national problem seriously, and accept constraint on their own incomes, services and ambitions in the national interest” 1975, addressing graduates of Administrative College

    As Managing Director of the PNGBC

    “You need to get more involved, particularly in understanding our problems… I am convinced that we don’t have the internal framework sufficiently established to enable efficient allocation of resources for longer-term development.” speaking of to Australia of their aid at the Australian PNG Relations Conference at the Australian National University

    On the NPF

    “If the NPF is forced into a fire sale of all its assets, the returns to members will be even less than they are now.”

    “Any action that is not carefully considered will put at risk the future of the fund and members’ payouts. The only thing that can preserve the interests of contributors is co-operation.”

    “Much of the preliminary evidence we have gathered indicates that government meddling through making political appointments is a major factor in these losses.”

    “There has also been a failure in the systems under which the managers and trustees responsible for looking after members’ interests perform their duties,”

     

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