Papua New Guinea: Selected Issues and Statistical Appendix

International Monetary Fund

No 2003/176, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; real GDP; central government; debt ratio; U.S. dollar; excise tax; tax rate; private sector; budget deficit; Government debt management; Mining sector; Asia and Pacific; Caribbean; Global (search for similar items in EconPapers)
Pages: 76
Date: 2003-06-25
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