AGP Executive Report
Last update: 3 hours agoPNG Economic Outlook: Westpac expects PNG GDP growth of about 4.6% in 2026, citing resilient domestic demand, improving foreign exchange conditions and a strong resource export pipeline despite global risks. SME Funding Scrutiny: Prime Minister James Marape has ordered an independent audit of the SME funding programme after public allegations over how funds were managed and disbursed. 5G Readiness Push: Digicel PNG says it has passed end-to-end 5G readiness testing, reporting peak speeds up to 1.2Gbps and paving the way for faster, lower-latency services for consumers and businesses. Jobs Gap Warning: The World Bank says PNG’s growth is not translating into enough quality jobs, with most new workers pushed into subsistence farming and informal work. Election Integrity & Governance: Trade unions are calling for stronger independence and clearer oversight around the 2027 election process, as Dr Nicole Haley takes up the Electoral Commissioner role. Digital Connectivity: The US Embassy launched Starlink at the American Corner in Waigani, backed by a US$30m satellite internet push aimed at remote schools, health facilities and government offices. Tourism & Business Links: The PNG Fiji Business Council has been formed to help small businesses reach new markets and grow trade between the two countries. Resource Sector Focus: PNG Resources Week 2026 will spotlight landownership, youth workforce development and nation-building beyond the first 50 years.
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