The Economy of Papua New Guinea

The Economy of Papua New Guinea

Author: Economic Insights

Publisher:

Published: 2000

Total Pages: 200

ISBN-13:

DOWNLOAD EBOOK

Given the openness of the PNG economy, the primary focus of macro-economic management has been external stability, as measured by a prudent level of external reserves, a sustainable balance of payments and a relatively stable exchange rate. It was recognized that fiscal deficits would fuel import demand and place the balance of payments under pressure.