Agriculture is a central pillar of Papua New Guinea’s economy. In 2019 it made up 25% of GDP and contributed to the livelihood of 85% of the population. PNG’s commitment to place agriculture at centre stage and promote the socio-economic development of smallholder farmers bodes well for the future. Currently, the sector remains dependent on export revenues from key crops such as palm oil,...
Papua New Guinea Agriculture
Chapter | Agriculture & Fisheries from The Report: Papua New Guinea 2020
The economic downturn resulting from lower global commodity prices and the completion of the PNG LNG project means the future of Papua New Guinea must be navigated with care. The country possesses plentiful natural resources, which, given effective management, could provide new revenue to spur diversification, as well as sustainable and equitable growth in all provinces.
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Articles & Analysis | Allan Bird, Governor, East Sepik Province: Interview from The Report: Papua New Guinea 2020
In what ways are provincial governors working to safeguard the economy in light of the Covid-19 pandemic, particularly regarding agriculture?
Articles & Analysis | How local agriculture products will help Papua New Guinea from The Report: Papua New Guinea 2020
Towards the beginning of the Covid-19 pandemic, many people chose to stockpile groceries, raising questions about food security in the event of prolonged disruption to supply chains. As of June 2020 restrictions included suspension of domestic and incoming international flights; a ban on movement between provinces except for approved cargo,...
Articles & Analysis | How Papua New Guinea’s agriculture sector is adapting from The Report: Papua New Guinea 2020
Agriculture is a central pillar of Papua New Guinea’s economy. In 2019 it made up 25% of GDP and contributed to the livelihoods of 85% of the population. The country’s key crops include cocoa, coffee, copra, palm oil, rubber and tea, most of which are exported and form an important source of foreign exchange (forex) revenues. Since Prime...
The economic downturn resulting from lower global commodity prices and the completion of the PNG LNG project means the future of Papua New Guinea must be navigated with care. The country possesses plentiful natural resources, which, given effective management, could provide new revenue to spur diversification, as well as sustainable and equitable growth in all provinces.
Economic update | Can Papua New Guinea maintain food security during the Covid-19 pandemic?
3 Apr 2020
Papua New Guinea confirmed its first case of Covid-19 on March 20, involving a foreign mine worker in Morobe Province. This prompted the government to declare a two-week state of emergency commencing March 24, which has since been extended by two months.
Papua New Guinea’s efforts to strengthen agriculture’s position as a major economic driver have been given a boost following the much-anticipated launch of a series of new projects.