Papua New Guinea is an import dependent economy. And years of continued drop in the value of the national currency against major global trading currencies, used to buy foreign goods and services to satisfy its domestic consumption, is making life too expensive for millions of Papua New Guineans. #NBCNEWSPNG #nbconline #InflationAffectsLivelihood #PNG #Economy | NBC News PNG
2:50
Papua New Guinea is an import dependent economy. And years of continued drop in the value of the national currency against major global trading currencies, used to buy foreign goods and services to satisfy its domestic consumption, is making life too expensive for millions of Papua New Guineans. #NBCNEWSPNG #nbconline #InflationAffectsLivelihood #PNG #Economy | NBC News PNG
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Papua New Guinea has been placed on the Financial Action Task Force grey list, raising concerns about money-laundering controls while the kina continues to weaken. Now James Nomane and James Marape are clashing over who’s responsible, and what it means for the country’s economy. 🇵🇬💰 #PNG #PapuaNewGuinea #PNGNews #Kina #Economy
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Papua New Guinea has been placed on the Financial Action Task Force grey list, raising concerns about money-laundering controls while the kina continues to weaken. Now James Nomane and James Marape are clashing over who’s responsible, and what it means for the country’s economy. 🇵🇬💰 #PNG #PapuaNewGuinea #PNGNews #Kina #Economy
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