01798cas a2200241 a 4500 AALejournalIMF004958 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451831757 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Papua New Guinea : 2007 Article IV Consultation; Staff Report; and Public Information Notice on the Executive Board Discussion for Papua New Guinea. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (73 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Papua New Guinea's economic performance has strengthened since the last Article IV Consultation. The country has significant underlying vulnerabilities. The economy is exposed to commodity price shocks, and mineral production is expected to decline over the medium to longer term. However, macroeconomic vulnerabilities have intensified, in particular, the potential for higher unproductive fiscal spending to raise demand pressures and spur inflation. Prudent fiscal policies are welcomed. Implementation of the multi-donor technical assistance plan is encouraged. The authorities are encouraged to accelerate the structural reforms and improve infrastructure. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/098 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/098/002.2008.issue-098-en.xml IMF e-Library