CATEGORY: OBG CEO Surveys

Papua New Guinea’s economy appears set to see a recovery in 2017 – a forecast reflected in the positive business sentiment of C-suite executives polled in Oxford Business Group’s inaugural OBG Business Barometer: PNG CEO Survey. Despite some weak headline numbers, depreciation of the kina and a shortage of US dollars have slowed imports and led to pockets of local strength, while robust activity in the small and medium-sized enterprise segment is also being observed.