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PNG Economy stabilises after recent government announcements
Economic growth is projected to accelerate to 4.2% in 2022 as PNG’s economy continues to recover from a pandemic induced recession in 2020 and with 2021 economic growth expected at 3.5%, although recent surge in Covid-19 cases poses a threat, announced BSP Financial Group Limited (BSP) in its Pacific Economic and Market Insight Quarter 2 of 2021 Report.