NRI Graduates 15 Economists

Spread the love
The National ResearchInstitute held its 22nd Diploma in Economic Policy Analysis Graduation last week Friday.

u00a0

Fifteen students’from various backgrounds graduated with diplomas through this course.

They have been told to usetheir skills and knowledge to contribute to sound economic policies to promote inclusive and sustainable development.

u00a0

Five weeks of intense lectures have ended for these graduates and itu2019s time now for implementation.

u00a0

Withthe skills acquiredthey have been challenged not to take economic outcomes at face value but to analyze it to benefitthe people.

u00a0

The country is experiencing unprecedented economic growth but with little impact onthe lives of ordinary Papua New Guineas. Poverty and inequality are still widespread.

u00a0

Representttative fromthe Bank of Papua New GuineaJoe Teria delivered a speech on behalf of BeNG Governor Loi Bekani. He reaffirmedthe banku2019s objective in ensuring price stability.

u00a0

He says,the bank is committed in ensuring inflation is consistent withthe growth ofthe economy to avoid repercussions on ordinary people.

u00a0

He also urgedthe government to invest inthe non-extractive sectors ofthe economy such as agriculture.

u00a0

This will help counteractthe Dutch Disease risks emanating fromthe LNG Development.

u00a0

The government has embarked on an expansionary budget with an unprecedented deficit of K2.7 billon andthe bank is conducting its monetary policy in a manner that does not hinder governmentu2019s growth targets.

https://youtube.com/watch?v=tWBe1zoMXD8%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

EMTV Online

EMTV Online is the premier destination for Papua New Guinea news on the internet.

EMTV Online

Leave a Reply