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Papua New Guinea: Selected Issues and Statistical Appendix
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2003: Issue 176
Language:
English
Publication Date:
25 Jun 2003
DOI:
https://doi.org/10.5089/9781451831658.002
ISBN:
9781451831658
ISSN:
1934-7685
Pages:
76
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
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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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund