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PNG Update: survey of developments, 2014-15 Michael Cornish, Rohan Fox, Stephen Howes, Win Nicholas, Albert Prabhakar and Ani Rova.

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Presentation on theme: "PNG Update: survey of developments, 2014-15 Michael Cornish, Rohan Fox, Stephen Howes, Win Nicholas, Albert Prabhakar and Ani Rova."— Presentation transcript:

1 PNG Update: survey of developments, 2014-15 Michael Cornish, Rohan Fox, Stephen Howes, Win Nicholas, Albert Prabhakar and Ani Rova

2 Growth in commodity prices 2000-2020 (2000=100)

3 Japanese LNG contract prices (USD/bmmbtu)

4 GDP and GDP per capita (2012 prices)

5 Agricultural commodity production (volumes, 2001=100)

6 Annual tourist arrivals (by plane) to PNG

7 Formal sector employment growth (quarterly, year on year)

8 Kina vs $US: May 2010 to May 2015

9 Fifteen most resource-dependent economies with floating exchange rates, and PNG

10 Foreign Exchange Reserves (millions $US)

11 Inflation 2012-2015 (quarterly, year on year)

12 Fiscal surpluses and deficits in PNG (% GDP) 2000 to 2014

13 PNG government revenue and expenditure (% GDP)

14 PNG government revenue and expenditure (% GDP) 2014 actuals, 2015 budget, and 2016-18 forward estimates

15 Debt/GDP ratio

16 Net debt by type (K million)

17 Revenues per student 2001 and 2012 in 2012 prices

18 Minimum wage in 2012 prices (K per week)

19 Funding for national road rehabilitation and maintenance

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