In Papua New Guinea, the economy
rebounded modestly in 2021, supported by agriculture in the
context of limited COVID-19 mobility restrictions. Rising
fiscal deficit and the economic contraction placed the
country at high risk of debt distress, requiring a fiscal
consolidation. After two years of contraction, the
extractive sector is projected to be the main driver of GDP
growth in 2022. With low vaccination rates, limited fiscal
space, and...
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INFORMATION
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World Bank
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2022/04/22
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Fiche
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170595
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1
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2022/04/22
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Disclosed
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Macro Poverty Outlook for Papua New Guinea : April 2022
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