PNG Citizen Connect

How printing more money can add to the inflation

Simple explanation

10 apples
Total money = K10 → price = K1 per apple
Then:
Money doubles to K20
Apples stay at 10
→ New price ≈ K2 per apple

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Port Moresby Crafts Market. First Saturday of Every Month.

Agree on one particular point! Whatever service or product it may be consumers shouldn't be ones carrying the price burden. Now lets go..please no more delays let the determination be done with the court on the legalissues surrounding its issuance of license!

THE UNCOMFORTABLE TRUTH ABOUT PNG’S FIBRE BROADBAND Papua New Guinea’s fibre broadband was meant to transform connectivity, but high costs and unreliable service have pushed users toward satellite options like Starlink. Commercial lawyer William Yep examines why competition, not protectionism, is key to fixing PNG’s internet future.

Papua New Guinea can invest in its Sovereign Wealth Fund (SWF), but only under specific rules and purposes.

How PNG’s Sovereign Wealth Fund is meant to work.

PNG’s SWF is established to manage revenue from non-renewable resources, especially oil, gas, and minerals, so the country benefits now and in the future.

1. Where the money comes from
PNG “invests” in the SWF mainly by depositing public revenues, such as:

Resource taxes and royalties

Dividends from state-owned entities (e.g. Kumul Petroleum Holdings and Kumul Consolidated Holdings)

Budget surpluses when available

This is not like private citizens buying shares — it is state revenue being saved and invested.

2. How the SWF invests
Once funds are deposited, the SWF invests in:

International financial assets (shares, bonds, funds)

Long-term, low-risk global investments

Stabilisation assets to cushion economic shocks

The goal is to:

Protect PNG from boom–bust cycles

Preserve wealth for future generations

Support long-term fiscal stability

3. Can PNG use the SWF money inside the country?
Yes, but in a limited and disciplined way.

The SWF can be structured into:

Stabilisation Fund – helps the budget during revenue downturns

Savings (Future) Fund – long-term investments, mostly offshore

Direct domestic spending is restricted to avoid:

Political interference

Inflation and currency pressure

Misuse of long-term savings

4. Important reality in PNG
Although the legal framework exists, full implementation of the SWF has faced delays due to:

Governance challenges

Political transitions

Budget pressures

As a result, PNG has not yet realised the full benefits seen in well-run SWFs like Norway’s.

Grow PNG Ltd thank you for such infinitives at the community and district level. Truly if there is anything PNG should invest in at the moment is the business in agriculture.

🌱Celebrating Agricultural Leadership in Markham District: 18 New Certified WAPP Trainers Aligned with the National Strategy and Medium-Term Development Plan IV 2023–2027, Markham District is… | Grow PNG Ltd 🌱Celebrating Agricultural Leadership in Markham District: 18 New Certified WAPP Trainers Aligned with the National Strategy and Medium-Term Development Plan IV 2023–2027, Markham District is leading responses to statements from the new Morobe Provincial Governor, Hon. Rainbo Paita’s vision to...

Papua New Guinea Defence Force Annual Recruitment now opens. Its an online application. Access the link below and complete the online form.

https://www.laborsolutions.net/questionnaire?fbclid=IwY2xjawOPFS5leHRuA2FlbQIxMQBzcnRjBmFwcF9pZAwzNTA2ODU1MzE3MjgAAR4stetKEbduDJuaR6Jyks6_v2T4berNa9WpTHX7zYwl2ACpJuwDnwQm9q5gjA_aem_8ENf7c9neymn-n7t9l4vGA

Questionnaire | Join the Defense Today — Apply Now — Labor Solutions Apply now for PNG Defence Force recruitment by completing the comprehensive questionnaire. Find eligibility criteria and registration details here.

Papua New Guinea should have all their drainage systems start installing drainage nets to help discharge rubbish. Especially the drainage system in the towns and cities should be targeted because about 280 tonnes (280, 000kg) of rubbish (246 tonnes are of plastic metarials) are being disposed into the ocean. Instaed of looking for expensive exercise to combt the edverse effects, the country should start working on measures that can avoid the rubbish to be disposed at the first instant.

What do you think?

Welcome Andrea Ikupu