Papua New Guinea has stepped up efforts to improve government efficiency, outlining reforms aimed at improving the function of public services and increasing state transparency.
Papua New Guinea
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A rebound in the mining and resource industries helped drive stronger economic growth in Papua New Guinea in 2019, a year which saw Peter O’Neill’s eight-year tenure as prime minister end.
Papua New Guinea’s efforts to strengthen agriculture’s position as a major economic driver have been given a boost following the much-anticipated launch of a series of new projects.
Policymakers in Papua New Guinea are accelerating efforts to regulate the informal economy, after an audit found that it accounted for around one-fifth of GDP.
Economic update | Papua New Guinea’s new government outlines blueprint for future growth
30 Jul 2019
Businesses and investors in Papua New Guinea are anticipating a change in policy direction, after newly elected Prime Minister James Marape outlined possible long-term reforms to key sectors, among them extractive industries.