He said this during the 34th Australia-Papua New Guinea Business Forum and Trade Expo in Brisbane, Australia.
O’Neill said the Australia-PNG relationship is enduring and constant with Australia being the largest foreign investor in PNG underpinned by a strong bilateral trading relationship.
The Prime Minister said the economic fundamentals of PNG are sound, and that its carefully managed debt is a tool for economic management and future growth including through infrastructure development, with more than half the Government’s debt being domestic debt.
