Papua New Guinea Economic Update, January 2021 : Dealing with a Triple Crisis

In 2020, Papua New Guinea faced three crises: the COVID-19 health emergency, an economic contraction, and political turmoil. The economy contracted by 3.8 percent in 2020 and will rebound by 3.5 percent in 2021. Considering that the economy entered...

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Main Author:	World Bank
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2021
Subjects:	ECONOMIC GROWTH FISCAL TRENDS MONETARY POLICY EXTERNAL SECTOR ECONOMIC OUTLOOK RISKS PUBLIC SERVICE DELIVERY INSTITUTIONS PUBLIC INSTITUTIONS INSTITUTIONAL CAPACITY
Online Access:	http://documents.worldbank.org/curated/en/571201614305676233/Papua-New-Guinea-Economic-Update-Dealing-with-a-Triple-Crisis http://hdl.handle.net/10986/35194

id	okr-10986-35194
recordtype	oai_dc
spelling	okr-10986-351942021-09-21T13:57:12Z Papua New Guinea Economic Update, January 2021 : Dealing with a Triple Crisis World Bank ECONOMIC GROWTH FISCAL TRENDS MONETARY POLICY EXTERNAL SECTOR ECONOMIC OUTLOOK RISKS PUBLIC SERVICE DELIVERY INSTITUTIONS PUBLIC INSTITUTIONS INSTITUTIONAL CAPACITY In 2020, Papua New Guinea faced three crises: the COVID-19 health emergency, an economic contraction, and political turmoil. The economy contracted by 3.8 percent in 2020 and will rebound by 3.5 percent in 2021. Considering that the economy entered the COVID-19 crisis with a poor record of resilience to external shocks, strengthening macroeconomic management and accelerating structural reforms will be vital. Strengthening public institutions that deliver basic public services, especially during crises, is also important. 2021-02-26T14:27:42Z 2021-02-26T14:27:42Z 2021-01-31 Report http://documents.worldbank.org/curated/en/571201614305676233/Papua-New-Guinea-Economic-Update-Dealing-with-a-Triple-Crisis http://hdl.handle.net/10986/35194 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling East Asia and Pacific Papua New Guinea
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ECONOMIC GROWTH FISCAL TRENDS MONETARY POLICY EXTERNAL SECTOR ECONOMIC OUTLOOK RISKS PUBLIC SERVICE DELIVERY INSTITUTIONS PUBLIC INSTITUTIONS INSTITUTIONAL CAPACITY
spellingShingle	ECONOMIC GROWTH FISCAL TRENDS MONETARY POLICY EXTERNAL SECTOR ECONOMIC OUTLOOK RISKS PUBLIC SERVICE DELIVERY INSTITUTIONS PUBLIC INSTITUTIONS INSTITUTIONAL CAPACITY World Bank Papua New Guinea Economic Update, January 2021 : Dealing with a Triple Crisis
geographic_facet	East Asia and Pacific Papua New Guinea
description	In 2020, Papua New Guinea faced three crises: the COVID-19 health emergency, an economic contraction, and political turmoil. The economy contracted by 3.8 percent in 2020 and will rebound by 3.5 percent in 2021. Considering that the economy entered the COVID-19 crisis with a poor record of resilience to external shocks, strengthening macroeconomic management and accelerating structural reforms will be vital. Strengthening public institutions that deliver basic public services, especially during crises, is also important.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Papua New Guinea Economic Update, January 2021 : Dealing with a Triple Crisis
title_short	Papua New Guinea Economic Update, January 2021 : Dealing with a Triple Crisis
title_full	Papua New Guinea Economic Update, January 2021 : Dealing with a Triple Crisis
title_fullStr	Papua New Guinea Economic Update, January 2021 : Dealing with a Triple Crisis
title_full_unstemmed	Papua New Guinea Economic Update, January 2021 : Dealing with a Triple Crisis
title_sort	papua new guinea economic update, january 2021 : dealing with a triple crisis
publisher	World Bank, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/en/571201614305676233/Papua-New-Guinea-Economic-Update-Dealing-with-a-Triple-Crisis http://hdl.handle.net/10986/35194
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Papua New Guinea Economic Update, January 2021 : Dealing with a Triple Crisis

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