Papua New Guinea gross domestic product

O’Neill hiding behind smokescreen over state of PNG’s economy: Mekere

In a media statement, Sir Mekere said O’Neill should come out and tell the truth about public finances and his mismanagement of them.

Sir Mekere said O’Neill’s boast about the 9 percent annual GDP growth were both wrong and misleading.

“Papua New Guinea’s annual GDP growth is not 9 percent per annum, as he says. Nor is GDP growth alone the answer to our problems, as he imagines.

“People do not eat GDP. We consume the goods and services that we have converted from GDP, and this is what we are lacking.”