Papua New Guinea : 2011 Article IV consultation : staff report, public information notice on the Executive Board discussion, and statement by the Executive Director for Papua New Guinea /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2011.
Description:1 online resource (69 pages)
Language:English
Series:IMF country report ; no. 11/117
IMF country report ; no. 11/117.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499362
Hidden Bibliographic Details
Varying Form of Title:Papua New Guinea, 2011 Article IV consultation
Other authors / contributors:International Monetary Fund. Asia and Pacific Department.
ISBN:9781462302185
1462302181
9781455281589
1455281581
9781455278558
1455278556
Notes:Online resource; title from PDF title page (IMF Web site, viewed August 24, 2011).
Summary:Papua New Guinea showed solid economic growth, supported by greater political stability, fiscal framework, and a healthy banking sector. Executive Directors encouraged the authorities to consider tighter macroeconomic policies in the face of rising inflation pressures and also stressed the need of a tight fiscal policy. They welcomed the Sovereign Wealth Funds (SWF), and considered it important to integrate the use of resources in the SWF into the budget and macroeconomic framework, supported by strong fiscal institutions. Directors observed that Liquefied Natural Gas (LNG) and other resource.
Other form:Print version: International Monetary Fund. Papua New Guinea : 2011 article IV consultation : staff report, public information notice on the executive board discussion, and statement by the executive director for Papua New Guinea. Washington, District of Columbia : International Monetary Fund, ©2011 approximately 71 pages IMF country report ; Number 11/117 9781455281589
Table of Contents:
  • COVER; CONTENTS; INTRODUCTION; RECENT ECONOMIC DEVELOPMENTS AND OUTLOOK; FIGURES; 1. Macro Performance; POLICY THEME #1
  • MANAGING THE RISK OF OVERHEATING; A. Fiscal Policy; BOXES; 1. The Impact of Food Price Movements on the Poor in PNG; 2. Fiscal Performance; B. Monetary Policy; 3. The Monetary Stance; C. Exchange Rate Assessment and External Stability; 4. The External Position; 2. Exchange Rate Assessment; POLICY THEME #2
  • SECURING SUSTAINABLE GROWTH AND RAISING LIVING STANDARDS; D. Managing Resource Revenue; E. Development Strategy; 3. The New Development Plans; 5. Income Gap.
  • F. Financial Stability and Development6. The Banking Sector; STAFF APPRAISAL; TABLES; 1. Selected Economic and Financial Indicators, 2007-11; 2. Summary of Central Government Operations, 2008-16; 3. Balance of Payments, 2008-16; 4. Summary Accounts of the Depository Corporations, 2008-11; 5. Indicators of External Vulnerability, 2007-11; 6. Medium-Term Scenario, 2008-16; 7. Millennium Development Goals Progress, 1990-2009; APPENDICES; 1. Authorities' Response to Recent Fund Policy Advice; 2. Land Reform; 3. Debt Sustainability Analysis; 4. FSAP: Main Lessons and Take-Aways; CONTENTS.
  • I. PAPUA NEW GUINEA: FUND RELATIONSII. PAPUA NEW GUINEA RELATIONS WITH THE PACIFIC FINANCIAL TECHNICAL ASSISTANCE CENTRE; III. PAPUA NEW GUINEA RELATIONS WITH THE WORLD BANK GROUP; IV. PAPUA NEW GUINEA RELATIONS WITH THE ASIAN DEVELOPMENT BANK; V. PAPUA NEW GUINEA STATISTICAL ISSUES.