Papua New Guinea’s Budget Reset: Can Smarter Spending Controls Unlock Public Investment Growth?

Devdiscourse 30 Aug Papua New Guinea

Papua New Guinea’s monthly cash-rationing system is delaying capital projects, increasing payment risks and weakening budget credibility, prompting the IMF to recommend a shift toward quarterly, commitment-based expenditure controls. The reforms could reduce arrears, improve public investment delivery and give government agencies, development partners and private suppliers greater certainty

Aggregated from the leading newsrooms of the country. Every story links to its original source.