• 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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Australian Prime Minister Tony Abbott flew into Port Moresby in late March 2014 accompanied by a major delegation of business leaders, with trade and investment on their minds. And, after a busy agenda, he left three days later with an economic treaty and the basis of potentially the most productive relationship Australia and Papua New Guinea...

 

In Papua New Guinea’s small economy, trade and investment flows play a determining role in both growth and macro-economic stability. The economy is gradually rebalancing its traditional dependence on its southern neighbour Australia for both trade and investment, leveraging on Asia’s continued appetite for its natural resources. While lower...

 

What are the benefits of economic partnership between the EU and Papua New Guinea?

 

What, in your view, are the key priorities in Australia’s relationship with Papua New Guinea, especially in light of the growing trade and investment ties between the two countries?

 

In light of recent changes to its energy production profile, to what extent will the US remain engaged in frontier areas like the South-west Pacific?

What new incentives were introduced in the 2014 budget that may attract further investment?

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