JSB endorses transfer of revenue-raising powers to Bougainville
The Joint Supervisory Body (JSB) has endorsed the full transfer of revenue generated in Bougainville from fisheries, mining, forestry, land and other relevant taxes to the Autonomous Bougainville Government, by 31 December 2026.
The resolutions were reached during the JSB meeting held at Melanesian Haus in Port Moresby this week and co-chaired by Prime Minister Hon. James Marape, MP, and ABG President His Excellency Ishmael Toroama, MHR.
The JSB took note of the ABG's agenda tabled at the JSB, relating to taxation, revenue streams, statutory fees and related fiscal powers, as well as proposals to strengthen Bougainville's fisheries governance and marine resource benefit-sharing framework.
To progress these priorities, the JSB directed the Chief Secretaries of both governments to exercise full oversight, coordination and accountability for all technical agency-to-agency engagements relating to taxation, customs and excise, fisheries, revenue streams, statutory fees and charges, and other fiscal and economic matters affecting Bougainville.
The Chief Secretaries have also been tasked with presenting a comprehensive joint progress report at a future JSB meeting for consideration and further direction.
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