Papua New Guinea : 2012 Article IV consultation - staff report : public information notice /

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Bibliographic Details
Corporate author / creator:International Monetary Fund.
Imprint:Washington, D.C. : International Monetary Fund, 2012.
Description:1 online resource (71 pages) : illustrations (some color)
Language:English
Series:IMF staff country report ; no. 12/126
IMF country report ; no. 12/126.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12509101
Hidden Bibliographic Details
ISBN:9781475558234
1475558236
9781475504033
1475504039
9781475504033
Summary:In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Description
Summary:Papua New Guinea has seen solid economic growth over the past decade, supported by sound macroeconomic policies. This 2012 Article IV Consultation discusses that the financial sector in Papua New Guinea remains profitable and well capitalized, but vulnerabilities have increased. Executive Directors have commended the authorities for achieving macroeconomic stability and a sustainable fiscal position. To preserve these achievements and promote inclusive development, it will be important to combine steady, affordable growth in government spending with improvements in public financial management and expenditure effectiveness.
Physical Description:1 online resource (71 pages) : illustrations (some color)
ISBN:9781475558234
1475558236
9781475504033
1475504039