IMF and PNG government at odds over health of the economy
Updated
An economist specialising in Papua New Guinea says the International Monetary Fund's latest report on the health of the PNG economy shows glaring discrepancies between what the independent upmire says is happening and what the government says.
Paul Flanagan, the director of think tank Indo-Pacific Public Policy and Economics, says that, for example the IMF's assessment of economic growth rates over the last few years are more than 12 per cent lower than claimed by the PNG government.
He says IMF figures indicate the size of the economy is around 6.8 billion kina less expected.
Source: Pacific Beat | Duration: 5min 18sec
Topics: economic-trends, budget, government-and-politics, international-financial-institutions, pacific
