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This 2015 Article IV Consultation highlights that Papua New Guinea (PNG) is facing strong headwinds from lower global …
Persistent link: https://www.econbiz.de/10011473160
, and both current and possible reform priorities for on Papua New Guinea (PNG). The paper presents indicators of financial … market depth, development, and access for PNG and compares PNG's performance against that of other countries in the region …, at similar levels of development, and beyond. It provides an overview of country-specific challenges facing PNG related …
Persistent link: https://www.econbiz.de/10011473164
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Papua New Guinea (PNG) is a fragile state, vulnerable to recurrent shocks. A third wave of the COVID-19 pandemic is …
Persistent link: https://www.econbiz.de/10013168920
This paper presents Papua New Guinea's (PNG) 2019 Article IV Consultation and Request for Staff Monitored Program. The … is projected to fall in 2019 but to pick up temporarily thereafter. The staff report reflects discussions with the PNG … authorities in October 28-November 9, 2019 and is based on the information available as of November 21, 2019. It focuses on PNG …
Persistent link: https://www.econbiz.de/10012249349
The COVID-19 pandemic erupted just as the government was beginning to implement wide-ranging fiscal, foreign exchange, structural, and governance measures under a Staff-Monitored Program (SMP). The authorities have reaffirmed their commitment to these reforms, but the impact of the crisis is...
Persistent link: https://www.econbiz.de/10012250468
This 2016 Article IV Consultation highlights that Papua New Guinea is facing headwinds stemming from low commodity prices and is recovering from a major drought; these factors have weighed on economic growth, weakened the external position, and created fiscal challenges. Foreign exchange (FX)...
Persistent link: https://www.econbiz.de/10011690881
The Papua New Guinea (PNG) economy has grown sluggishly in recent years, reflecting a combination of domestic and …
Persistent link: https://www.econbiz.de/10011984066
This 2017 Article IV Consultation highlights that Papua New Guinea's economic activity has remained subdued in 2017. Slow growth, generous tax treatment of the Liquefied Natural Gas project, the drought and weak tax administration have all contributed to declining tax revenues and a substantial...
Persistent link: https://www.econbiz.de/10011804060
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