TY - BOOK ID - 84547862 TI - Papua New Guinea : 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion for Papua New Guinea. PY - 2008 SN - 146234528X 1452777950 1280976438 9786613748041 1452795177 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Debts, Public KW - Fiscal policy KW - Tax policy KW - Taxation KW - Economic policy KW - Finance, Public KW - Debts, Government KW - Government debts KW - National debts KW - Public debt KW - Public debts KW - Sovereign debt KW - Debt KW - Bonds KW - Deficit financing KW - Government policy KW - Papua New Guinea KW - Economic conditions. KW - Banks and Banking KW - Exports and Imports KW - Public Finance KW - Statistics KW - Natural Resources KW - Macroeconomics KW - Nonrenewable Resources and Conservation: General KW - Debt Management KW - Sovereign Debt KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - International Lending and Debt Problems KW - Data Collection and Data Estimation Methodology KW - Computer Programs: Other KW - National Government Expenditures and Related Policies: General KW - Environmental management KW - Public finance & taxation KW - International economics KW - Banking KW - Econometrics & economic statistics KW - Non-renewable resources KW - External debt KW - Expenditure KW - Environment KW - Monetary statistics KW - Economic and financial statistics KW - Natural resources KW - Debts, External KW - Banks and banking KW - Expenditures, Public KW - Finance KW - Economic indicators KW - Guinea UR - https://www.unicat.be/uniCat?func=search&query=sysid:84547862 AB - Papua New Guinea’s economic performance has strengthened since the last Article IV Consultation. The country has significant underlying vulnerabilities. The economy is exposed to commodity price shocks, and mineral production is expected to decline over the medium to longer term. However, macroeconomic vulnerabilities have intensified, in particular, the potential for higher unproductive fiscal spending to raise demand pressures and spur inflation. Prudent fiscal policies are welcomed. Implementation of the multi-donor technical assistance plan is encouraged. The authorities are encouraged to accelerate the structural reforms and improve infrastructure. ER -