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

Publication Date: June 01, 2012
Electronic Access: Free Full text (PDF file size is 1,598KB).
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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(s): Article IV consultation reports | Debt sustainability analysis | Economic indicators | Exchange rate assessments | Fiscal reforms | Staff Reports

Publication Date: June 01, 2012
ISBN/ISSN: 9781475504033/1934-7685 Format: Paper
Stock No: 1PNGEA2012001 Pages: 72
US$18.00 (Academic Rate:
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