Progress On Major Resource Projects Key To PNG's Growth Outlook
Country Risk / Guinea / Mon 27 Feb, 2023
Key View
- We at Fitch Solutions maintain our forecast for real GDP growth to register at 4.5% in 2023, up slightly from an estimated 4.2% in 2022.
- Despite a weakening global macroeconomic backdrop, we believe growth in PNG will be sustained by robust export growth and a recovery in investment activity.
- However, the country's medium-term