2021 Annual Budget

Although the impact of the Covid-19 Pandemic has significantly altered the rate of economic progress within the Nation, this budget highlights the unexpectedly strong growth rate of the Papua New Guinea economy. With a focus on responding to the Covid-19 Crisis, the budget sought to stabilise the economic conditions while meeting with Papua New Guinea’s duty to pay back arrears accumulated in the past. Please find the following resources for a detailed overview of the budget.