European Parliament Library

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

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
Table Of Contents
Cover; CONTENTS; INTRODUCTION; RECENT ECONOMIC DEVELOPMENTS AND OUTLOOK; BOXES; 1. Liquified Natural Gas Projects; MANAGING ECONOMIC VOLATILITY; A. Fiscal Policy; B. Monetary Policy; 2. Similarities in Quantitative Monetary Policies; 3. Exchange Rate Assessment; C. Exchange Rate Assessment and External Stability; USING RESOURCE REVENUES TO SUPPORT BROAD BASED DEVELOPMENT; A. Managing Resource Revenue; 4. Medium-Term Fiscal Strategies and the Sovereign Wealth Fund; B. Structural Reforms and Public Service Delivery; 5. State Owned Enterprise Reform; C. Financial Stability and Development
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (73 p.)
Specific Material Designation
Form Of Item

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