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Bank of PNG cautions the government from starting new projects this year
Автор: EMTV Online
Загружено: 2015-03-26
Просмотров: 144
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The low volume of foreign currency in Papua New Guinea’s market is directly contributing to the continued depreciation of the Kina.
This situation added with the low revenue coming into the government budget will affect government spending and its budget.
While the Bank of PNG has issued directives to help stabilise the foreign currency market, Governor Bakani has cautioned the government from starting any new projects this year.- visit us at http://www.emtv.com.pg/ for the latest news...
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