What is PNG’s role in the APEC community?
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Interviews & Viewpoints | Alan Bollard, Executive Director, APEC Secretariat : Interview from The Report: Papua New Guinea 2018
Articles & Analysis | PNG government budget targets fiscal deficits from The Report: Papua New Guinea 2018
Papua New Guinea is facing several fiscal challenges in the wake of falling government revenues and the end of a liquefied natural gas-driven construction boom, with GDP growth falling by about two-thirds between 2015 and 2016. Though the budget deficit narrowed in 2017, this was largely owing to a supplementary budget that slashed capital...
Articles & Analysis | Diversification to improve PNG infrastructure from The Report: Papua New Guinea 2018
In an effort to reduce dependency on extractive industries, the government has increasingly focused on non-mineral diversification as an economic growth strategy, with an emphasis on domestic industry, tourism and new special economic and industrial zones aimed at attracting foreign investment. Government efforts, including the publication of...
Chapter | Table of Contents from The Report: Papua New Guinea 2018
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This chapter contains selected listings of some of the country’s top hotels, details for embassies, ministries and organisations, and helpful tips for business and leisure travellers.
Although 2017 was another challenging year for Papua New Guinea, with subdued GDP growth against a backdrop of falling government revenues, cuts to public spending and rising fiscal challenges, economic recovery is gradually gathering steam in 2018. A steady uptick in commodity prices supported export growth and augmented the country’s trade surplus, while agriculture and mining recovered from...