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Coronavirus and PNG

Stories related to the Coronavirus (COVID-19) and Papua New Guinea's State of Emergency.

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Explainer: Papua New Guinea’s stimulus package relying on overstretched IMF

6 Apr 2020 by 1 Comment
Papua New Guinea’s government has announced its Budget deficit will balloon to more than K6 billion, the biggest in the nation’s history. Treasurer Ian Ling-Stuckey has announced a well-targeted stimulus, but the International Monetary Fund needs to come to the party.
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Stimulate or stagnate: steering Papua New Guinea’s economy through the COVID-19 crisis

30 Mar 2020 by 2 Comments
The global economic meltdown that has been triggered by the COVID-19 virus outbreak has hit Papua New Guinea hard. What are the implications for the country’s business and financial sectors?
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How Papua New Guinea’s informal and local economy can get through the COVID-19 crisis

23 Mar 2020 by Leave a Comment
The economic fallout from the coronavirus (COVID-19) is creating havoc across world markets and economies. According to the ratings agency Fitch, Papua New Guinea’s formal economy will be affected, but the story could be different for its informal and local economy.
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How Papua New Guinea is faring in the global financial maelstrom

18 Mar 2020 by Leave a Comment
The rapid spread of the coronavirus COVID-19 has disrupted global economic activity and led to a fall in financial markets. But the story is very different for big companies in Papua New Guinea, although there will be some adverse impacts, especially in the oil and gas sector.
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