The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
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.