Economic mismanagement worries international agency: Ling-Stuckey

Shadow Minister for Treasury & Finance, Ian Ling-Stuckey, says this is only the fourth time in the last two decades that PNG has been put on this negative watch, meaning there is an increased chance of a credit ratings downgrade.

PNG’s credit rating at B2 was already five grades down from investor ‘prime’ status,” stated the shadow minister in a statement.