3 Aug 2018

PNG struggles to deliver valid Budget update - economist

From , 3:04 pm on 3 August 2018

The Papua New Guinea Government has released its latest Budget outcome statement and it paints an improving picture of the country's struggling economy.

But Australian economist Paul Flanagan, who has long taken an interest in the PNG economy, and once worked for its Treasury, says the government's figures are misleading.

He told Don Wiseman that while it's clear the Treasurer, Charles Abel, is trying to restore some credibility to the country's economic management, this report, and earlier ones, lack transparency.

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