01762cas a2200241 a 4500 AALejournalIMF014012 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475556216 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Papua New Guinea : Staff Report for the 2013 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (68 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 This 2013 Article IV Consultation highlights that Papua New Guinea has achieved strong economic growth over the past decade, benefiting from high commodity prices, mineral investment inflows, sound macroeconomic policies, and financial sector stability. The current account deficit is expected to narrow sharply in 2013 as imports and income outflows decline with the winding down of liquefied natural gas project construction. The Bank of Papua New Guinea has kept the policy interest rate unchanged since early 2013 given weakening nonmineral sector demand, but has issued central bank bills and raised cash reserve requirements to absorb excess liquidity in the banking system. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/339 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/339/002.2013.issue-339-en.xml IMF e-Library