Papua New Guinea failed to make the most of its resources boom, as poorly negotiated contracts and volatile exchange rates left the country's infrastructure and economy sorely lacking. However, as Jacopo Dettoni discovers, there is hope that the next wave of resources-based revenues will be put to better use.
Latest articles from Papua New Guinea
PNG prime minister gives green concerns priority in growth strategy
Papua New Guinea prime minister Peter O’Neill tells Jacopo Dettoni about the government’s ambitions for new major natural gas and mining projects in the next few years, and how the country will use the returns to diversify its economy and ensure sustainable growth.
Putting Papua New Guinea on the map
Papua New Guinea is forecast to be the world's fastest growing economy in 2015, a growth fuelled by mining and energy companies taking advantage of its abundant natural resources. However, the country's wider population has yet to see many benefits of this success, a problem its government is looking to address.
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