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 transcript:

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

Growth in commodity prices (2000=100)

Japanese LNG contract prices (USD/bmmbtu)

GDP and GDP per capita (2012 prices)

Agricultural commodity production (volumes, 2001=100)

Annual tourist arrivals (by plane) to PNG

Formal sector employment growth (quarterly, year on year)

Kina vs $US: May 2010 to May 2015

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

Foreign Exchange Reserves (millions $US)

Inflation (quarterly, year on year)

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

PNG government revenue and expenditure (% GDP)

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

Debt/GDP ratio

Net debt by type (K million)

Revenues per student 2001 and 2012 in 2012 prices

Minimum wage in 2012 prices (K per week)

Funding for national road rehabilitation and maintenance