Papua New Guinea : 2019 Article IV Consultation and Request for Staff Monitored Program-Press Release; Staff Report; and Statement by the Executive Director for Papua New Guinea

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

April 6, 2020

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The Staff Report was prepared by a staff team of the IMF for the Executive Board’s consideration on March 9, 2020. The staff report reflects discussions with the PNG authorities in October 28-November 9, 2019 and is based on the information available as of November 21, 2019. It focuses on PNG near- and medium-term challenges and policy priorities and was prepared before COVID-19 became a global pandemic and resulted in unprecedented strains in global trade, commodity and financial markets. It, therefore, does not reflect the implications of these developments and related policy priorities. The outbreak has greatly amplified uncertainty and downside risks around the outlook. Staff is closely monitoring the situation and will continue to work on assessing its impact and the related policy response in PNG and globally.

Series:

Country Report No. 20/95

Subject:

English

Publication Date:

April 6, 2020

ISBN/ISSN:

9781513539706/1934-7685

Stock No:

1PNGEA2020001

Format:

Paper

Pages:

97

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