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🎥 5 Reasons Why PNG Removed the 10% GST on Essential Goods | Econ Lagu From June 1st, 2025, the Papua New Guinea government officially removed the 10% GST on 13 essential items including rice, flour, tinned fish, sugar, coffee, soap, and more. In this video, we break down the Top 5 reasons behind this bold move. From tackling inflation and poverty to launching a K100 million price monitoring system, this GST cut is more than just a policy, it's a survival strategy for many Papua New Guineans. 📉 What’s really behind the decision? 💰 Will it help you save money? 🤔 And will it work in the long run? Find out in this simple but smart breakdown with verified facts and real talk, Econ Lagu-style. --- 👀 Covered in this video: PNG’s new price-tracking tech (GMS) Why citizens were fed up The K685 million relief plan How this helps fight inflation The real struggle behind the scenes --- ✅ If you found this video helpful, give it a thumbs up, leave a comment, and subscribe for more weekly videos on PNG’s economy, politics, and real-life issues. 🎙️ Econ Lagu — Breaking down PNG’s economy in plain Tok! #papuanewguinea #GST2025 #EconLagu #PNGPolitics #GSTRemoval #Inflation #HouseholdRelief #PNGEconomy --- 📜 Fair Use Disclaimer: This video may contain copyrighted material, the use of which has not always been specifically authorized by the copyright owner. We are making such content available for educational, commentary, and informational purposes as part of public interest. We believe this constitutes a "fair use" of any such material as provided for under Section 107 of the U.S. Copyright Act and related international copyright principles. If you are the copyright owner and have concerns, please contact us directly.