The Papua New Guinea government has introduced the country's biggest ever Budget of $US6.125bn.
Revenue is estimated to climb to 4.5 billion dollars, leaving a deficit of 1.6 billion, which the government says is 5.4 percent of GDP.
Don Wiseman spoke with Stephen Howes, a professor of economics at the Australian National University, about Papua New Guinea's budget.
Downtown Port Moresby, Papua New Guinea. Photo: RNZ / Johnny Blades
