Revamping Investment Policy in Papua New Guinea for Economic Growth
The report discusses how Papua New Guinea can boost its economy through better investment policies. It emphasizes the need for a stable economy, fair rules, and access to foreign currency to attract investments. The current policies in place have weaknesses like poor infrastructure and lack of skilled workers, which deter investors. To improve, the government should focus on stabilizing the economy, reforming taxes and trade, and letting the market set prices. It also suggests limiting government involvement and growing the capital market.