Thu, 07 Apr 2005

Papua agree to share fund

JAYAPURA, Papua: The Papuan provincial government hammered out an agreement with local administrations late on Tuesday on the sharing of Rp 1.7 trillion ($US188.8 million) in autonomy funds.

According to the agreement, 40 percent of the Rp 1.7 trillion will be managed by the provincial government, while the remaining amount will be managed by the 29 regency and municipal administrations in the country's easternmost province.

The signing of the agreement was attended by Papua Governor JP Salossa and the heads of regency and municipal administrations from across the province. -- JP