Economy

Economy. The review of the press Papua New Guinea the Government Papua New Guinea (APG) revised budget for 2020 to consider an adverse effect of a pandemic of Koronavirus on national economy. On September 10, 2020 the head of Treasury of APG Ling Ian - Staki submitted to Parliament the economic and financial report for the last half a year, and also declared additional expenses of 645 million kina (US$182,68 million), falling of the income of APG on 2,7 billion kina (US$760 million) (further deficiency in 1, 99 billion kina, US$560 million) because of influence of Koronavirus, world falling of prices of oil and gas, and also...