Papua New Guinea : Staff Report for the 2003 Article IV Consultation and Request for an Extension of Repurchase Expectations.

This paper assesses Papua New Guinea's 2003 Article IV Consultation and a Request for an Extension of Repurchase Expectations. Since the mid-1990s, Papua New Guinea's growth performance has been weak and poverty has increased owing to an unfavorable external environment, loose macroeconomi...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2003.
coleção:IMF Staff Country Reports; Country Report ; No. 2003/178
Acesso em linha:Full text available on IMF
Descrição
Resumo:This paper assesses Papua New Guinea's 2003 Article IV Consultation and a Request for an Extension of Repurchase Expectations. Since the mid-1990s, Papua New Guinea's growth performance has been weak and poverty has increased owing to an unfavorable external environment, loose macroeconomic policies, and deep-seated structural impediments to growth. The IMF staff supports the authorities' request to extend their repurchase expectations to the IMF in light of the weakness in Papua New Guinea's balance-of-payments position and the deterioration in key external indicators mainly because of lower mineral exports over the medium term.
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Descrição Física:1 online resource (52 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
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