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Port Moresby
December 11, 2019
News

Polye: Pacific Island NationsMustIntegrate For Economic Growth

Pacific Island nations must economically integratethemselves to growtheir economy.

 

This was emphasized byWorld Bank and IMF Chairman, Don Polye in Washington DC inthe US.

Polye’says uniting diversities should drive our development agenda inthe region and realize our economic development aspirations.

 

The Treasury Minister attendedthe 8-day meeting held for Commonwealth Finance Ministers

 

Polye’s presentation tookthe attention ofthe meeting andthe chair recognizePNG as an emerging economy inthe Pacific.

 

The chairman reiterated thatthe partnership inthe region was vital, for micro and macro-economic, and public service reforms.

 

Polye’says if nations continue to act individually,the economic challenge gap will widen.

 

He added that economic integration should only be achieved if nations exercise more efforts in trade, public-private partnership and labour market inthe region.

 

Minister Polye embraced people-to-people and business-to-business integration as a catalyst for establishing wider trade link inthe Asia-Pacific region.

 

Minister Polye embraced people-to-people and business-to-business integration as a catalyst for establishing wider trade link inthe Asia-Pacific region.

https://youtube.com/watch?v=p25-0VLwXXw%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

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