NRI to release reports on Sovereign Wealth Fund

The National Research Institute of Papua New Guinea is ready to release three reports this year on the PNG Sovereign Wealth Fund (PNG SWF).

PNG SWF consists of a number of sovereign funds aimed to support the long-term social and economic development objectives of the State.

It provides a means of saving for future generations and facilitates the macroeconomic stabilisation of the PNG budget and economy.

The three reports are among others that will be released this year, including the Small and Medium Enterprises, internet access in PNG, state of the economy and the review on Port Moresby and Lae City urban plans.

NRI director Dr Charles Yala said all the reports will not be publicly launched.

He explained that some reports will be loaded onto the NRI website for public consumption while others that are of national importance will be openly unveiled.

The report on internet access focuses on why internet rates are high in the country.

NRL has done a review on the Port Moresby and Lae City urban plans and the report will be launched in Lae. 

Quintina Naime