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Papua New Guinea's (PNG) economy has started recovering from a series of external shocks, but its growth outlook remains fragile due to rising uncertainties. The recovery is being observed in the resource sector, mainly in its extractive segment dominated by liquefied natural gas (LNG), while...
Persistent link: https://www.econbiz.de/10012646284
The Kyrgyz Republic is bordered by Kazakhstan to the north, Uzbekistan to the west, Tajikistan to the southwest, and China to the east. A wide variety of natural hazards also affect the Kyrgyz Republic. Earthquakes are common and have led to loss of life and significant damage to infrastructure...
Persistent link: https://www.econbiz.de/10012700746
stakeholders to minimize the risk of confusion and market disruption. Papua New Guinea's medium-term economic outlook is relatively …
Persistent link: https://www.econbiz.de/10012645871
Papua New Guinea's economy continues to face economic headwinds resulting from global and domestic economic uncertainties. PNG's real GDP, despite rebounding to 5.6 percent in 2019, is expected to fall and hover at around 3 percent on average between 2020- and 2022, posing many negative risks,...
Persistent link: https://www.econbiz.de/10012646852
debt exceeded 50 percent of GDP, and the country is at high risk of debt distress, according to the latest World Bank …
Persistent link: https://www.econbiz.de/10013209110
High commodity prices and the removal of COVID-19 restrictions spurred economic recovery in 2022. The government continued with fiscal consolidation to safeguard macroeconomic stability. Higher commodity prices contributed to higher inflation and stronger external balances. Economic growth is...
Persistent link: https://www.econbiz.de/10014312698
The Country Economic Memorandum (CEM) focuses on long-term growth, outlining the challenges Papua New Guinea (PNG) faces to achieve sufficient economic growth to expand the incomes of its rapidly growing population as well as what is required for PNG to make the transition to a higher, more...
Persistent link: https://www.econbiz.de/10014366520
This Public Expenditure Review (PER) of the Kyrgyz Republic is part of the programmatic PER, which aims to help the government strengthen macro-fiscal policies and enhance the effectiveness and efficiency of public spending. To this end, this PER builds on progresses made since 2014 PER and...
Persistent link: https://www.econbiz.de/10012603685
The purpose of this Systematic Country Diagnostic is to identify the main constraints and opportunities the Kyrgyz Republic faces in continuing to progress towards the World Bank Group's twin goals. It analyzes trends and drivers of growth, poverty reduction, and income distribution, as well as...
Persistent link: https://www.econbiz.de/10012645588
Real GDP growth slowed to 3.1 percent in January-November 2018 from 3.7 percent in the same period of 2017. This deceleration was the result of slower growth in both gold production and non-gold industry. Export performance remains weak, largely on account of a sharp slowdown in gold exports,...
Persistent link: https://www.econbiz.de/10012645860