To what extent does the ABG have to rely on the national government of Papua New Guinea?
Papua New Guinea
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Articles & Analysis | OBG talks to Brenda Tohiana, Acting Secretary for Finance, Autonomous Bougainville Government (ABG): Interview from The Report: Papua New Guinea 2016
Articles & Analysis | Papua New Guinea to hold referendum on Bourgainville's regional autonomy from The Report: Papua New Guinea 2016
Situated at the eastern-most point of the New Guinea islands and in a different time zone from the rest of Papua New Guinea, the Autonomous Region of Bougainville (ARB) is composed of two large islands, Buka and Bougainville, separated by a narrow tidal channel. Together with over 200 smaller islands and countless atolls, it forms an...
Interviews & Viewpoints | OBG talks to Peter Langslow, Managing Director, Steamships Trading Company: Interview from The Report: Papua New Guinea 2016
To what extent has the economic downturn affected Papua New Guinea’s large corporations?
Articles & Analysis | New economic strategy in Papua New Guinea seeks to support SMEs from The Report: Papua New Guinea 2016
The government of Papua New Guinea has rolled out a new plan to support small and medium-sized enterprises (SMEs) by improving access to finance and training. Unveiled in February, the SME Policy and Master Plan 2016-30 sets out objectives to expand the economy and create employment outside of the main population and trade hubs. The package,...
Interviews & Viewpoints | Joseph Ernest Zveglich Jr, Director, Macroeconomic Research Division, Economic Research and Regional Cooperation Department, Asian Development Bank: Viewpoint from The Report: Papua New Guinea 2016
Growth in developing Asia has begun to ease slightly as prospects moderate in China and a delayed recovery in industrial economies causes a continued slowdown of growth. China has continued to shift to a new normal that is less dependent on exports and investment, which partly explains the slowdown we have observed in the region.
Articles & Analysis | Dollar shortage aggravates underlying issues in Papua New Guinea from The Report: Papua New Guinea 2016
The country is facing a severe shortage of US dollars, and this has had a direct and significant impact on the economy. Importers are unable to get the funds they need, while insurance companies have faced a loss of reinsurance coverage due to the lack of dollars. Some critics assert that the currency problems are the direct result of a June...