Treasury says Deficit rises to 9.4% of GDP, foreign advisers ban, and parliament passes Sovereign Wealth Fund bill. Your weekly digest of the latest business news.
In Brief: Papua New Guinea Budget deficit rises to 9.4% of GDP, and other business stories
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Papua New Guinea Budget review welcomed
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The PNG Government’s decision to review the 2015 Budget has been welcomed, while another prominent economist suggests further foreign investment can be attracted by improved policy settings.
Analysis: fall in LNG prices prompts call for Papua New Guinea mini-Budget
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The impact of the fall in LNG prices since the 2015 Budget was prepared in October last year warrants a mid-year mini-Budget, according to prominent economist Paul Flanagan.
People moves: Virgin Australia, Departments of Treasury and Justice, Outstanding Women Awards
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Airline chairman to step down, Senior public servants win prestigious fellowships, Westpac Outstanding Women Award winners
People moves: Ok Tedi Mining, Bemobile, Coppermoly, Nautilus Minerals and more
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Big changes at Ok Tedi Mining, the new chair at Bemobile finally takes his seat, a new exploration manager at Coppermoly and board changes at Nautilus.
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