Kina

‘Reckless’ kina devaluation spells disaster for PNG, says Nomane

PNG Post-Courier Papua New Guinea’s deputy opposition leader James Nomane has accused the government of “reckless economic management” that has forced devaluation to manage loan repayments in foreign currency and placate the International Monetary Fund (IMF). Prime Minister James Marape “must stop lying to the people of Papua New Guinea”, he said in a statement ... <a title="‘Reckless’ kina devaluation spells disaster for PNG, says Nomane" class="read-more" href="https://eveningreport.nz/2024/05/08/reckless-kina-devaluation-spells-disaster-for-png-says-nomane/" aria-label="Read more about ‘Reckless’ kina devaluation spells disaster for PNG, says Nomane">Read more</a>