Our Mission
Our Mission is “to position the Department of Treasury to achieve sustained efficiency and effectiveness in the provision of economic policy advice to enable the Government to maintain continued success in the management of the country’s economy.”
Our Vision
Our Vision is “to support the Government to maintain the country’s record of strong economic growth within a sustainable macroeconomic environment, through sound and practical fiscal, budgetary and structural policy advice, that improves the well-being of the people of Papua New Guinea.”
Our Core Values
To achieve the best outcomes for our Nation, we are guided by the core values of Excellence, Professionalism, Accountability, Equality, Transparency, Teamwork, Commitment, and Quality Visionary Leadership that will lead the country into the future.
PNG Treasury
Current News
2025 National Budget Press Lock-Up
Department of Treasury wish to advise interested Media Organizations and
Financial Institutions that the 2025 National Budget Press Lock-up will be held
on:
Date: Thursday 28th November, 2024
Time: 10:00AM to 2:30PM.
Venue : State Function Room – Parliament House (C-Block)
MYEFO-BUDGET REPAIR CONTINUES
The Hon. Ian Ling-Stuckey “The Marape-Rosso Government continues the important work of budget repair. This is hard work filled with difficult...
MID- YEAR ECONOMIC AND FISCAL OUTLOOK REPORT 2024
The 2024 Mid-Year Economic and Fiscal Outlook (MYEFO) report is the fifth report produced by Treasury since the global COVID-19 pandemic outbreak....
Current Budget
See How the Latest Budget Will Deliver for Papua New Guineans
Economy at a Glance
- GDP (Nominal): $23.587 billion (USD)
- GDP (PPP): $34.257 billion (USD)
- GDP Per Capita: $3,020 (USD)
- GDP Growth: 2.4%
- Inflation: 5%
Kina Exchange Rate
Last Updated: 04/10/2024
USD | 0.255 | |
AUD | 0.3714 | |
EUR | 0.2312 | |
GBP | 0.1935 | |
JPY | 37.38 | |
NZD | 0.4088 | |
SGD | 0.3303 |