Prime Minister James Marape said here on Tuesday that the South Pacific nation wanted to identify with a green economy, and ...
It was a challenging year for Papua New Guinea in 2023. The government estimates that the economy grew by only 2.7 per cent in 2023, down from a projection of 4.0 per cent in the 2023 budget. Buoyed ...
PORT MORESBY, September 14, 2022 – The economy in Papua New Guinea is forecast to expand by four percent in 2022, up from one percent in the previous year, according to the latest World Bank Economic ...
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The end of the commodity supercycle coupled with China’s economic deceleration have been the key driving forces behind this decline. With the mining sector accounting for over 15% of GDP, PNG’s ...
Proponents of PNG LNP, an ExxonMobil-led natural gas project in Papua New Guinea, predicted it would bring massive economic benefits to landowners and to the country as a whole. According to two ...