Lower returns from the extraction and agriculture sectors and a global fall in commodity prices combined to curb Papua New Guinea’s economic growth in 2016, though prospects for a modest rebound this...
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Economic Update | Papua New Guinea Year in Review 2016
19 Jan 2017
Economic Update | Papua New Guinea to boost self-sufficiency in agriculture sector
22 Nov 2016
A new agriculture strategy in Papua New Guinea aims to broaden the country’s primary production base and cut import costs to maintain sustainability in the sector.
Economic Update | Papua New Guinea to develop tourism hot spots
14 Oct 2016
Government authorities are rolling out a number of new initiatives in PNG’s tourism sector to foster growth in the non-extractive industries.
Economic Update | Papua New Guinea scales back spending in supplementary budget
21 Sep 2016
Weaker commodity prices and lower government revenues have prompted Papua New Guinea’s current administration to revise its growth forecast and release a supplementary budget in late August.
Economic Update | Papua New Guinea banks on inclusion
11 Aug 2016
Access to improved communications technology and greater awareness of banking services is helping to boost financial inclusion in Papua New Guinea while providing opportunities to service providers...