MID- YEAR ECONOMIC AND FISCAL OUTLOOK REPORT 2024

13 November 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. These have been challenging times for PNG, as they have been for the world. The worst war in Europe since 1945 continues and Middle East uncertainties add to global challenges. Moreover, there are also unexpected external pressures, such as the continuing high international price of rice.

Current Budget

See How the Latest Budget Will Deliver for Papua New Guineans