The Economist Intelligence Unit

PNG’s economy on right track: Economist

The EIU, which is the research and analysis division of The Economist Group, indicates that conditions in 2017 are likely to be more favorable for PNG than in 2016 when the economy was hard hit by weak global commodity prices, which weighed on fiscal and export revenue.

In 2018, The EIU expects a slowdown in the rate of expansion, as these positive factors wane and weaken global growth, resulting from a sharp slowdown in China, weigh on export revenue and investor confidence.