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Book Cover
E-book
Author Ochirkhuu, Erdembileg, author

Title Papua New Guinea : selected issues paper and statistical appendix / prepared by Erdembileg Ochirkhuu and Keiko Takahashi
Published Washington, D.C. : International Monetary Fund, [2010]
©2010
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Description 1 online resource (26, 22 pages) : illustrations
Series IMF country report ; no. 10/163
IMF country report ; no. 10/163
Contents Managing windfall revenues from LNG projects in Papua New Guinea -- The impact of the financial crisis relative to other Pacific Island countries -- Inflation in Papua New Guinea : the increasing role of domestic demand
Summary This Article IV Consultation reports that the main challenge is to maintain macroeconomic stability in substantial demand shock from the construction of two major liquefied natural gas projects. The global downturn had only a mild impact, as growth was supported by still strong terms of trade, a financial sector insulated from global capital markets, and an increase in public expenditure. IMF staff stressed that monetary policy needed to be focused on emerging inflation pressures and act preemptively to avoid high inflation from becoming entrenched in expectations
Notes "June 2010."
Title from cover
Bibliography Includes bibliographical references
Notes Description based on print version record
Subject Financial crises -- Islands of the Pacific.
Financial crises -- Papua New Guinea.
Global Financial Crisis, 2008-2009.
Inflation (Finance) -- Papua New Guinea.
Liquefied natural gas industry -- Papua New Guinea.
Revenue -- Papua New Guinea.
Sovereign wealth funds -- Papua New Guinea.
Islands of the Pacific -- Economic conditions.
Papua New Guinea -- Economic conditions -- Statistics.
Papua New Guinea -- Economic policy.
Genre/Form Statistics.
Form Electronic book
Author Takahashi, Keiko, author
International Monetary Fund, issuing body
ISBN 145520384X
9781455203840
Other Titles Papua New Guinea, selected issues paper and statistical appendix