PNG governor says central bank braced for LNG revenues
Bank of Papua New Guinea governor tentatively predicts growth boost
Loi Bakani, the governor of the Bank of Papua New Guinea, today sounded a cautious note when he delivered the central bank's monetary policy statement, as the effects of liquefied natural gas (LNG) production remain unclear.
Papua New Guinea's government has been investing heavily in infrastructure for the production of LNG, which is due to come online later this year. Bakani said the LNG project would likely provide a boost to growth, but added that any resulting revenue and a resulting
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