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.
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November 25, 2015 — To improve literacy rates of students, a project has established classroom libraries in 21,000 schools across Papua New Guinea and is providing quality training for teachers.
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