Navigating turbulent waters : addressing looming policy challenges for revived growth and improved living standards (English)

Papua New Guinea's (PNGs) economy has slowed from the very strong growth rates of recent years, as construction of the PNG liquefied natural gas (LNG) facility nears completion and export prices weaken, weighing on domestic activity. The depreciating Kina is cushioning PNG's economy from weaker export prices and slowing domestic demand by supporting farmers' and exporters' incomes and improving PNG's competitiveness. The government is trying to support...

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Author

Bulman,Timothy John;

Suri,Vivek;

Bailey,Laura E.;

Shetty,Sudhir;

Adelman,Melissa Ann;

Cairns,Alan Thomas;

Gibson, John;

Knight,David Stephen;

Irava, Wayne;

Narimatsu,Junko;

Sharma,Manohar;

Somanathan,Aparnaa;

Sur,Mona;
Document Date
2013/12/04
Document Type
Brief
Report Number
83242
Volume No
1
Total Volume(s)
1
Country
Papua New Guinea,
Region
East Asia and Pacific,
Disclosure Date
2013/12/10
Disclosure Status
Disclosed
Doc Name
Navigating turbulent waters : addressing looming policy challenges for revived growth and improved living standards
Keywords
Foreign Exchange Reserve

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Citation

Bulman,Timothy John; Suri,Vivek; Bailey,Laura E.; Shetty,Sudhir; Adelman,Melissa Ann; Cairns,Alan Thomas; Gibson, John; Knight,David Stephen; Irava, Wayne; Narimatsu,Junko; Sharma,Manohar; Somanathan,Aparnaa; Sur,Mona.

Navigating turbulent waters : addressing looming policy challenges for revived growth and improved living standards (English). Papua New Guinea economic briefing ; No. 2 (2013) Washington DC ; World Bank Group. http://documents.worldbank.org/curated/en/916051468145186292

Navigating turbulent waters : addressing looming policy challenges for revived growth and improved living standards (English)

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