02004cas a2200289 a 4500 AALejournalIMF023223 230101c9999 xx r poo 0 0eng d 9798400221262 20.00 USD 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Papua New Guinea : 2022 Article IV and the Staff Monitored Program-Press Release; Staff Report; and Statement by the Executive Director for Papua New Guinea. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (112 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 (PNG)'s economy is weathering the pandemic well, despite many challenges. Real GDP in 2022 is projected to exceed its 2019 level, and the medium-term outlook is positive, supported by investment in (and revenues from) the resource sector. The war in Ukraine is impacting PNG through higher commodity prices and higher inflation, with the former leading to a stronger balance of payments and higher fiscal revenues, since PNG is a large commodity producer. Risks remain skewed to the downside and include a worsening health situation given the low vaccination rate, volatility in commodity prices, and political instability. Mode of access: Internet International Agreements and Observance imf International Organizations imf Monetary Policy imf Papua New Guinea imf IMF Staff Country Reports; Country Report ; No. 2022/305 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2022&issue=305 IMF e-Library