He said is a test particularly for emerging economies that depend largely on commodities as revenue earners for their countries.
“With those challenges there are also opportunities and we must make the most of it so that we can deliver more to our people.
“We are being affected by low mineral, low oil and gas prices, and lower prices for many agricultural commodities we need to put into perspective some of the issues that are affecting us.”
O’Neill said PNG is no different from other countries in the world who are currently facing the same problem.