Flashback to 2022: Allan Bird’s Prophetic Vision for Papua New Guinea’s 2025 Economy

Описание: Step back to 2022, when East Sepik Governor Allan Bird delivered a powerful parliamentary speech that uncannily predicted Papua New Guinea’s economic challenges heading into 2025. Decrying the 2011 decision to abandon the sovereign wealth fund, Bird warned that PNG would face mounting debt and economic strain without a clear strategy. He called for a five-year plan to harness resource revenues by 2025, advocating for a shift toward a green-blue economy and sustainable development. With Australia borrowing $191 billion and New Zealand planning $100 billion in 2022, Bird’s plea for strategic borrowing and transparent governance proved prescient, as PNG’s debt soared from 25 billion kina in 2018 to 62 billion kina by 2024, with inflation projected at 4.5% in 2025. Watch now to relive Bird’s visionary leadership and its enduring lessons for today!Call to Action: Subscribe for more insights on PNG’s economic journey and leadership!
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Disclaimer:
This video is for educational and historical reflection only. The content does not reflect the views of the channel or its creators and is not intended as financial or political advice. Consult professionals for decision-making.
Fair Use:
This video features excerpts from a 2022 public parliamentary speech by Allan Bird, used under fair use for commentary, education, and historical analysis. No copyright infringement is intended, and all rights belong to their respective owners.

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