Lpmak Information

LPMAK implements its programs based on the Donor Guidance and LPMAK general policy. To this day, LPMAK has been able to develop and run the organization with organization management tools which has been approved by LPMAK BoC and BoD, such as Program Implementation, HR, Finance and Accounting system and procedures; Strategic Plan and other organization management tools. Along these years, Freeport asks Ernst and Young to conduct an external financial audit upon LPMAK and so far LPMAK has been able to produce best audit opinion. In a BoC meeting at 7 to 9 March 2006, PTFI announced that they will continue their funding for LPMAK programs through the Partnership Fund for the next five years after the commitment ended in 2006.