• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Interviews & Viewpoints | Prime Minister James Marape: Viewpoint from The Report: Papua New Guinea 2020

 

The election of the current administration arose from a collective desire to “Take Back PNG”. Dreams are free, but the work of reconstruction must start now. Papua New Guinea is blessed with abundant natural resources and, by developing these resources under better term sheets, it is possible for us to achieve our main objectives by 2030. The...

Chapter | Table of Contents from The Report: Papua New Guinea 2020

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Chapter | The Guide from The Report: Papua New Guinea 2020

The Guide contains selected listings of hotels in Port Moresby and Lae, as well as information for business and leisure travellers covering visa requirements, health and safety considerations, and local language and culture. This chapter contains an interview with Materua Tamarua, CEO, Australia Papua New Guinea Business Council.

Chapter | Economy from The Report: Papua New Guinea 2020

Papua New Guinea has an abundance of wealth in hydrocarbons and minerals that provides it with a solid foundation for economic growth, but also leaves the country vulnerable to the volatility of global commodity markets. As such, the government is following a long-term economic development strategy that aims to expand the state’s revenue share from lucrative extractive projects, encourage...

Chapter | Trade & Investment from The Report: Papua New Guinea 2020

In recent years Papua New Guinea’s trade and investment environment has been characterised by government policies aimed at generating wider fiscal and social benefits from the country’s resource wealth, while simultaneously growing exports and decreasing imports as it develops a broader economic base. Around 86% of exports from PNG are generated by the extractive industries, principally...

Chapter | Country Profile from The Report: Papua New Guinea 2020

Papua New Guinea is a vast archipelago, of which the main island – shared with Indonesia – forms the largest tropical island on Earth. Known for its unique flora and fauna, the country is famous for its environmental variety. However, with more than 850 languages spoken within its borders, it is also considered one of the most culturally diverse nations in the world. Enjoying heterogeneous...

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