• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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What policies are being pursued by the NCD regional government to reduce crime?

The former minister of finance, James Marape became the eighth prime minister of Papua New Guinea on May 30, 2019 following the resignation of his predecessor, Peter O’Neill, after eight years in office. In a break with O’Neill’s approach, Prime Minister Marape struck a somewhat nationalistic tone in his first speech to Parliament, and afterwards told media that his government...

Chapter | The Guide from The Report: Papua New Guinea 2019

This chapter contains selected listings of some of the Papua New Guinea’s top hotels; contact details for embassies, ministries and organisations; helpful tips for business and leisure travellers; and other useful suggestions for travellers to the country.

Chapter | Economy from The Report: Papua New Guinea 2019

Efforts to increase public governance are gradually bolstering confidence in Papua New Guinea’s economy, despite national performance being heavily dependent on somewhat-unpredictable extractive industries. These were affected in the first half of 2018 by an earthquake in February, and recovered in the second half when international commodities prices rose. Recovery in liquefied natural gas...

Chapter | Trade & Investment from The Report: Papua New Guinea 2019

Papua New Guinea’s international profile received a boost when it chaired the APEC forum in 2018, an event that culminated in the APEC Leaders’ Summit in Port Moresby in November of that year. During the meeting, leaders from some of the world’s largest economies congregated in the capital to discuss a host of regional issues. While the business climate is hampered by regulatory obstacles and...

Chapter | Country Profile from The Report: Papua New Guinea 2019

Papua New Guinea is a vast archipelago, of which the main island – shared with Indonesia – forms the largest tropical island on Earth. 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 is also considered one of the most culturally diverse nations in the world. While it enjoys...

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