Ling-Stuckey outlined that 2020 started with a positive outlook.
“After the economic recession of 2018, growth had bounced back by 6 percent in 2019 under the Marape Government. The prospects were good as the economic reform program, supported by international partners, had begun,” he stated.
“Budget reforms were underway, PNG Connect was underway, foreign exchange reforms were underway, financing reforms were underway, tax avoidance was being targeted, and the growth focus was on supporting the agriculture, tourism, manufacturing and services sector, especially SMEs.
