Being an Act to promote economic and financial transparency and accountability in the interests of a stable macroeconomic environment. Its purpose is to provide guiding principles for the conduct of fiscal policy for Government of PNG, and to provide a framework for fiscal management based on principles of sound fiscal management, and for transparent reporting of the national fiscal position against this framework.
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Being an Act to make provision for the management of public finances (including those relating to Provincial Governments and Local-level Governments as required by the Organic Law on Provincial Governments and Local-level Governments)
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Other PNG Legislations:
http://www.paclii.org/databases.html#pg