Papua New Guinea: Selected Issues and Statistical Appendix

June 25, 2003

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Papua New Guinea: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2003) accessed November 21, 2024

Summary

This Selected Issues paper and Statistical Appendix surveys the main reasons for Papua New Guinea’s disappointing economic performance, highlighting the key impediments to growth in each of the main sectors of the economy. The paper outlines the structural reforms that could help reduce these impediments, so that Papua New Guinea makes progress toward poverty alleviation and the restoration of sustainable development. The paper also describes the evolution of Papua New Guinea’s external debt structure, and assesses the sensitivity of debt dynamics to a number of shocks.

Subject: Economic sectors, Expenditure, External debt, Government debt management, Mining sector, Public debt, Public financial management (PFM)

Keywords: Asia and Pacific, Budget deficit, Caribbean, Central government, CR, Debt ratio, Excise tax, Global, Government debt management, ISCR, Mining sector, Private sector, Real GDP, Tax rate, U.S. dollar

Publication Details

Pages:

76
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/176
Stock No:

1PNGEA0012003
ISBN:

9781451831658
ISSN:

1934-7685

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