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Economics

Papua New Guinea Defers 2026 Projects to 2027 as Fuel Subsidy Heads for K1.5 Billion

KEY POINTS Papua New Guinea paid K801.4 million in fuel subsidies by the end of July 2026. Treasurer Ian Ling-Stuckey

Papua New Guinea’s US$1.2B IMF Programme Ends in December 2026: Last US$189M Awaits Board Approval

Key points IMF staff agreed on 6 October 2026 to release up to US$189 million to Papua New Guinea. The

Sam Loi Confirmed As Commission General of Internal Revenue Commission in PNG, 10% GST on Staples Returns January 2027

Sam Loi has been confirmed as Commissioner General of Papua New Guinea’s Internal Revenue Commissioner, 10% GST on Staples Returns

US$1.2 Billion, One Million Jobs, and a 30% Rule PNG Has Not Pushed Back On

The World Bank Group’s Board approved a Country Partnership Framework for Papua New Guinea on 17 February 2026, carrying an

PNG Debt at 51% of GDP and Falling. Distress Risk Still High

Papua New Guinea’s government debt stood at 51.10% of GDP in 2024, down from 51.90% in 2023, according to figures

Minister for Treasury (Treasurer)/Photo Credit: PNG Department of Treasury

PNG’s K2.5 Billion Revenue Jump Rests on Gold Prices and Debt Repayment

Papua New Guinea’s 2026 budget projects other revenue of K5.2 billion, up K2.5 billion on the 2025 estimate. The National

PNG Sets K700,000 Home Tax Break Below Port Moresby’s Cheapest Listed House

Papua New Guinea’s stamp duty exemption for first-home buyers covers residential property valued up to K700,000. Not one of the

PNG’s Deficit Shrinks to 1.1% of GDP, the Smallest in Years

Papua New Guinea’s fiscal deficit has narrowed to 1.1 percent of GDP—the smallest in years—as the Marape-Rosso government’s IMF-supported reform

The Democracy Dilemma: How 97.8% Can Vote for Independence and Still Not Get It

The Numbers Don’t Lie—But the System Doesn’t Care This analysis examines the constitutional, political, and democratic tensions surrounding Bougainville’s independence

PNG Defence Force: Political Interference, Broken Systems, and a Defence Force on Edg

Papua New Guinea’s Defence Force is facing fresh scrutiny after unrest at Murray Barracks in Port Moresby on the night

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