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Country Economic Forecasts > Papua New Guinea

  • November 2016
  • -
  • Oxford Economics
  • -
  • 4 pages

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The unfavourable weather conditions caused by the El Nino phenomenon in 2015 continues to dampen GDP growth this year. We expect growth of only 2.3% in 2016 after an expected 6.6% last year as the agricultural sector struggles, significantly slowing export growth.

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