Economy

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The future remains somewhat uncertain for Papua New Guinea. The economic downturn resulting from lower global commodity prices and the completion of the PNG LNG project have led to some in criticism of the current administration, with accusations of mismanagement.

 

How do you assess Papua New Guinea’s economic outlook for 2018 and 2019?

Papua New Guinea is a vast archipelago, with the eastern half of New Guinea, the largest tropical island on Earth, and hundreds of smaller adjacent islands. Known for its unique flora and fauna, the country is famous for its environmental variety. However, with more than 850 languages spoken within its borders, it can also be considered one of the most culturally diverse...

 

Papua New Guinea’s chairmanship of APEC in 2018 comes at a time when the Pacific Island nation is still grappling with a foreign exchange shortage and high public debt, as well as persistent problems with law and order. Despite these challenges – and, in some quarters, grumblings that hosting APEC 2018 is an unnecessary drain on public...

 

Papua New Guinea’s international profile received a boost when it was selected to host the 2018 APEC meetings. The main event – the APEC Leaders’ Summit to be held in November 2018 – is expected to see world leaders including US President Donald Trump and Chinese President Xi Jinping converge at Port Moresby to discuss and negotiate a host of...

 

What kind of role can superannuation funds play in financing the economy?

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