Weaker commodity prices and lower government revenues have prompted Papua New Guinea’s current administration to revise its growth forecast and release a supplementary budget in late August.
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Economic Update | Papua New Guinea scales back spending in supplementary budget
21 Sep 2016
Economic Update | Papua New Guinea banks on inclusion
11 Aug 2016
Access to improved communications technology and greater awareness of banking services is helping to boost financial inclusion in Papua New Guinea while providing opportunities to service providers...
Economic Update | Papua New Guinea’s internet is gaining speed
15 Jul 2016
Increased investments in telecommunications infrastructure are set to improve Papua New Guinea’s internet capacity, extending coverage across the country and paving the way to roll out 4G LTE...
Economic Update | Papua New Guinea mining looks to future gains
15 Jun 2016
The mining sector in Papua New Guinea is showing signs of an uptick after operations resumed at one of the country’s largest mines, with new and ongoing projects set to inject much-needed foreign...
Economic Update | Papua New Guinea expands LNG potential
15 May 2016
A new wave of investments in Papua New Guinea’s energy sector could see some $19bn of projects launched in the coming years, boosting the country’s liquefied natural gas (LNG) output and providing...
Economic Update | Papua New Guinea pushes for SME growth
14 Apr 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.