Papua New Guinea : 2012 Article IV Consultation: Staff Report; Public Information Notice

Author/Editor:

International Monetary Fund

Publication Date:

June 1, 2012

Electronic Access:

Free Full text (PDF file size is 1598 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Papua New Guinea has seen solid economic growth over the past decade, supported by sound macroeconomic policies. This 2012 Article IV Consultation discusses that the financial sector in Papua New Guinea remains profitable and well capitalized, but vulnerabilities have increased. Executive Directors have commended the authorities for achieving macroeconomic stability and a sustainable fiscal position. To preserve these achievements and promote inclusive development, it will be important to combine steady, affordable growth in government spending with improvements in public financial management and expenditure effectiveness.

Series:

Country Report No. 12/126

Subject:

English

Publication Date:

June 1, 2012

ISBN/ISSN:

9781475504033/1934-7685

Stock No:

1PNGEA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

72

Please address any questions about this title to publications@imf.org