Papua New Guinea, like the rest of the world, has been plagued with external factors affecting its economic growth.
A drastic drop in global commodity prices, china’s moderating growth and Brexit, have proved to be unfavorable hurdles.
Over the past months, the private sector has expressed their concerns about the state of the economy and the persistent pressures on foreign currency, urging the government to put measures in place to curb government spending.
On this episode of Business PNG, we take a look at the country’s economic outlook for 2017 and the coming years, we hear from representatives from both the private sector and the department of Treasury.
Also on this episode, with a view to providing information on investment and employment trends, the Investment Promotion Authority continues to maintain their database on the levels of foreign direct investment into the PNG economy.
We analyse the information extracted and collated from the IPA on the level of Foreign Direct Investment, and what this means for PNG.
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