Australia Papua New Guinea Business Council
Australia Pacific Islands Business Council
Australia Pacific Islands Business Council

Positive economic indicators signal growth for PNG

Dec 9, 2024 | APNGBC BLOG

Papua New Guinea’s economic outlook has shown a marked improvement, buoyed by recent statements from Prime Minister James Marape highlighting key positive trends. Indicators such as GDP growth, stabilised inflation rates, and improved foreign exchange availability suggest a strengthening economic foundation for the Pacific nation. Inflation, historically a challenge for Papua New Guinea, has stabilised
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Australia Papua New Guinea Business Council

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