Mining and oil and gas
Report by Oxford Business Week
The result of the 2017 survey of businesses in PNG
Papua New Guinea’s is now in its 15th successive year of positive economic growth, with rates rising progressively until 2011, but declining since then, apart from the leap in 2014/15 associated with the commencement of production from PNGLNG.
IMPACT OF FOREIGN EXCHANGE ON AGRICULTURE EXPORTS AND IMPORTS
State of PNG Economy
Agriculture s the foundation of and heart of the rural PNG economy with over 85% of its 7.5 million people depending on the sector for their livelihoods. This sector is faced with so many challenges including climate change, lack of access to markets and so on. The access to suitable and timely information and knowledge is also seen to be one of the key drawbacks of agriculture advancement in PNG.