What regulations and incentives are needed to incubate private sector economic growth?
Economy
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Interviews & Viewpoints | Sir Kostas Constantinou, Managing Director, Lamana Development: Interview from The Report: Papua New Guinea 2017
Articles & Analysis | PNG focuses on long-term plans and elections in 2017 from The Report: Papua New Guinea 2017
With an election in 2017, the year is proving to be a challenging one in Papua New Guinea. The economic downturn following the completion of the PNG LNG project has resulted in criticism of the current government, amid accusations of mismanagement. Despite this, Prime Minister Peter O’Neill secured a fourth term in Parliament, winning 78% of...
Interviews & Viewpoints | Prime Minister Peter O’Neill: Interview from The Report: Papua New Guinea 2017
What more needs to be done to insulate Papua New Guinea’s economy from external forces such as commodity prices and natural disasters?
Interviews & Viewpoints | Gerry Brownlee, Minister of Foreign Affairs of New Zealand: Viewpoint from The Report: Papua New Guinea 2017
PNG has all the potential in the world; it has almost 10m people, an abundance of natural resources and sits at the geographic crossroad between the South Pacific and South-east Asia. In many ways both the opportunities and challenges that PNG faces are characteristic of the wider Asia-Pacific region.
This chapter contains a list of recommended hotels located around the country, contact information for government bodies and foreign embassies and the listings of various businesses and organisations. It also offers travel tips and cultural facts for visitors.
Despite some weak headline numbers, Papua New Guinea’s economy is set to see a recovery in 2017. Depreciation of the kina and the shortage of US dollars have slowed imports and led to pockets of strength. Robust activity at the small and medium-sized enterprise level and in the informal sector is ongoing, while key statistics, such as the current account, are indicating a return to balance....