• Agriculture

    OBG investigates the key pressures and developments affecting local agriculture, particularly where a country is dependent on plantations or forestry to maintain GNP. It also highlights the output trends and technological advances in areas such as irrigation techniques and land reclamation.
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In what ways are provincial governors working to safeguard the economy in light of the Covid-19 pandemic, particularly regarding agriculture?

 

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,...

 

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...

Chapter | Agriculture & Fisheries 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 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,...

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.

The coronavirus pandemic has exposed the potential vulnerability of the world’s food supply chains. This is galvanising governments in emerging economies to boost domestic production through new agricultural inputs and investment in agri-tech and logistics networks.

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

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