23 Jun 2017

PNG facing growing problems with ballooning debt

From , 5:03 am on 23 June 2017

An economist says the Papua New Guinea government faces ballooning debt servicing costs and the main reason is an enormous lift in public debt.

Paul Flanagan, an Australian with a long association in PNG economic matters, spoke with Don Wiseman about the debt levels and what the incoming government is going to have to deal with.