They warned that lack of access to foreign exchange had become the “No 1 issue for business” and if prolonged, could cause PNG to face another “lost decade” of economic growth, similar to what happened in the 1990s.
The four economists presenting at the Development Policy Centre at the Australian National University forum include Prof Stephen Howes, Director Development Policy Centre, Australian National University; Nelson Nama, School of Business and Public Policy, UPNG Rohan Fox, Research Officer, Development Policy Centre, ANU and Marcel Schroder.