Papua New Guinea Economic Update : In the Time of COVID-19 - From Relief to Recovery (English)

Papua New Guinea’s economy has been hit hard by the COVID-19 crisis due to weaker demand and less favorable terms of trade. Pandemic-related global and national movement restrictions have weakened external and domestic demand and affected commodity prices, which will lead to an economic contraction, wider financing gaps in the external and fiscal accounts, and higher unemployment and poverty than previously anticipated in 2020. The authorities reacted...

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Author

Sarsenov,Ilyas;

Deng,Fei;

Grinyer,John Joseph Scott;

Hasanov,Rashad;

Rabefaniraka,Noroarisoa;

Cooper,Andrew William;

Ling,David Tai-Wen;

Motohashi,Mitsunori;

Fae,Gerard;

Maso,Sevesoa;

Dahan,Stephane Raphael;

Overbeek,Jan;

Fitzgerald,Shona Kate;

Beschorner,Natasha;

Neumann,James L.;

Sundakov,Alex;

Nelson,Jordan;
Document Date
2020/07/01
Document Type
Working Paper
Report Number
157031
Volume No
1
Total Volume(s)
1
Country
Papua New Guinea,
Region
East Asia and Pacific,
Disclosure Date
2020/07/08
Disclosure Status
Disclosed
Doc Name
Papua New Guinea Economic Update : In the Time of COVID-19 - From Relief to Recovery
Keywords
access to information and communication technology

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Citation

Sarsenov,Ilyas; Deng,Fei; Grinyer,John Joseph Scott; Hasanov,Rashad; Rabefaniraka,Noroarisoa; Cooper,Andrew William; Ling,David Tai-Wen; Motohashi,Mitsunori; Fae,Gerard; Maso,Sevesoa; Dahan,Stephane Raphael; Overbeek,Jan; Fitzgerald,Shona Kate; Beschorner,Natasha; Neumann,James L.; Sundakov,Alex; Nelson,Jordan.

Papua New Guinea Economic Update : In the Time of COVID-19 - From Relief to Recovery (English). PNG Economic Updates Washington, DC : World Bank Group. http://documents.worldbank.org/curated/en/964591594230524376

Papua New Guinea Economic Update : In the Time of COVID-19 - From Relief to Recovery (English)

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