An economic recovery is underway in Latin America and the Caribbean (LAC) but the pandemic still casts shadows on much of the region. The recovery was robust in the first quarter of 2021 but lost ...

The COVID-19 pandemic has taken a turn for the worse in some parts of the world, and the global economy is projected to grow by 5.9 percent in 2021 and by 4.9 percent in 2022 (0.1 percentage point ...

Papua New Guinea’s economic reform agenda continues to yield positive results, with the International Monetary Fund (IMF) ...

The Executive Board completed the Fourth Reviews under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF) arrangements for Papua New ...

Despite the challenging external environment, the economic outlook in PNG remains positive ... Agriculture played a key role in the economic recovery beginning in 2021 driven by higher export volumes ...

Looking ahead, PNG’s macroeconomic outlook for 2024 looks positive with good growth projections and increased government spending and private sector activity in key resource projects. But without ...