Papua New Guinea’s economy has performed strongly since the mid-2000s. Past high commodity prices and prudent macroeconomic management helped the country avoid a repeat of the declining real incomes and heightened macroeconomic volatility experienced over the preceding decade. The recent emergence of LNG production and export will require a continuation of prudent macroeconomic policy.
Read Overview »
October 5, 2015 — East Asia remains one of the main growth drivers of the world economy, accounting for nearly two-fifths of global economic growth. Overall, the region is expected to grow 6.5% in 2015.
Read More »