Welcome to Treasury

Treasury is the Papua New Guinea Government’s principal economic and financial advisor. Through our rapid analysis of changing events, and by setting and implementing the direction of the nation’s economic policy, we work to achieve strong, sustainable and equitable growth for all Papua New Guineans.

Welcome to Treasury

Treasury is the Papua New Guinea Government’s principal economic and financial advisor. Through our rapid analysis of changing events, and by setting and implementing the direction of the nation’s economic policy, we work to achieve strong, sustainable and equitable growth for all Papua New Guineans.

Welcome to Treasury

Treasury is the Papua New Guinea Government’s principal economic and financial advisor. Through our rapid analysis of changing events, and by setting and implementing the direction of the nation’s economic policy, we work to achieve strong, sustainable and equitable growth for all Papua New Guineans.

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

2023 Budget Outcome Report

2023 Budget Outcome Report

The 2023 Budget Outcome is now available to the public and highlights the track record of the Papua New Guinea government in meeting its budgetary...

read more

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: 12/05/2024

USD 0.257
AUD 0.389
EUR 0.239
GBP 0.202
JPY 40.343
NZD 0.418
SGD 0.347