Papua New Guinea businesses still face serious forex delays, despite interventions

Welcome,

PNG banks and businesses tell Business Advantage PNG of considerable variation in wait times for foreign exchange, as the country’s central bank acknowledges the economic damage caused. We look at the prospects for improvement.

International lenders: Papua New Guinea economy to accelerate but reforms needed

Welcome,

Despite positive growth forecasts for PNG from key lenders, the Asian Development Bank and World Bank, there are warnings that energy reforms are urgently needed to improve economic prospects. We take a closer look at the numbers.