Economic behaviour is cyclical. All countries face ups and downs. Our own recession has been brought about by a critical shortage of foreign exchange. Oil prices dropped from an average of $100 per barrel over the last decade to an average of $40 per barrel in 2016-17. Worse still, the damage perpetrated by Niger Delta criminals on pipelines...
What potential economic benefit do you see in building the tourism industry in Papua New Guinea?
The last two years have seen the Parliament enact a variety of new legislative acts, much of which is of a high standard. New acts include the Kumul Legislation, which is designed to positively effect the current government’s agenda for state-owned enterprises and businesses, along with the holding of the state’s interest in mining projects...
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