Aid not helping businesses: Barker

By DALE LUMA, The National PNG BUSINESSES have not seen the direct impact of the Government’s K5.6 billion economic stimulus because it was more of an alternative budget financing plan than a stimulus plan, an economist says. Institute of National Affairs executive director Paul Barker told The National that “it must be recognised... more →
Posted in: Papua New Guinea

Economy needs to be on mainstream: Economist

By DALE LUMA, The National PNG INSTITUTE of National Affairs (INA) executive director Paul Barker says the country is currently caught up in an economic side-alley and needs to get back out into the mainstream. Barker said Moody’s (international credit rating agency) downgraded PNG’s rating from neutral to negative on the basis... more →
Posted in: Papua New Guinea