Papua New Guinea is an import dependent economy. And years of continued drop in the value of the national currency against major global trading currencies, used to buy foreign goods and services to satisfy its domestic consumption, is making life too expensive for millions of Papua New Guineans. #NBCNEWSPNG #nbconline #InflationAffectsLivelihood #PNG #Economy | NBC News PNG

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PNG Breaking News on Reels

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A CONSUMER watchdog has stepped up to defend the Papua New Guinean consumers over BSP’s tactics to increase banking fees (costs) and allowing longer processing times. PNG Consumer Foundation Association In (CFA-PNG) President Dan Kakaraya said: “While we acknowledge that Papua New Guinea’s greylisting by the Financial Action Task Force (FATF) presents compliance and regulatory challenges for financial institutions, we caution against any immediate or disproportionate shift of anticipated complia

#postcourieronline Niu Ship Gilbert Toropo, the fourth Papua New Guinea Defence Force vessel, which was purchased by the Australian Government sailed into Basilisk Naval base today at 11:11am for the commissioning later this year. Read more in your Nambawan Daily tomorrow - Wednesday, November 22, 2023. | Post Courier

1.3K views · 21 reactions | Stay Connected with Papua New Guinea, Wherever You Are!  Papua New Guineans abroad and international readers can now access the Post-Courier, PNG’s Nambawan Daily, anytime and anywhere through our website.  Subscribe today for full access to the latest breaking news, politics, business, sports, and more, direct from Papua New Guinea. Visit: www.postcourier.com.pg | Post Courier | Facebook