In what ways are provincial governors working to safeguard the economy in light of the Covid-19 pandemic, particularly regarding agriculture?
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Articles & Analysis | Allan Bird, Governor, East Sepik Province: Interview from The Report: Papua New Guinea 2020
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...
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.
Economic update | Covid-19 and food security: challenges and opportunities in emerging markets
23 Jul 2020
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.