Papua New Guinea’s Prime Minister James Marape has initiated an independent investigation into the administration of the nation’s Small and Medium Enterprise (SME) Fund. This action follows allegations concerning the fund’s management. As a result, Minister Win Daki has been relieved of his duties as Minister for Commerce and Industry, pending the outcome of the investigation. The Prime Minister’s directive signals a commitment to transparency and accountability in the distribution of funds intended to support local businesses. Further details regarding the scope and timeline of the investigation have not yet been released. This move highlights the government’s focus on addressing concerns regarding the SME sector. The investigation aims to ensure the proper use of public resources allocated to small and medium enterprises.

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