PAPUA NEW GUINEA NEWS, FACTS, INFORMATION, STORIES AND INSPIRATIONS

O'Neil's Condolence Message to the Late Rt. Honourable Sir Julius Chan, GCL, GCMG, KBE, PC and Governor, New Ireland Province and Former Prime Minister

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By: Peter O'Neil, MP. My speaking notes at the Funeral this evening of the Late Rt. Honourable Sir Julius Chan, GCL, GCMG, KBE, PC and Governor, New Ireland Province and Former Prime Minister Lady Stella Chan, Vanessa, Byron, Mark and Toea and your extended family Thank you for giving us the opportunity to pay our respects to this Great Leader of our country and our people.   Sir Julius as known to all of us, was a man amongst men. A leader of leaders and a statesman who dedicated his entire adult life contributing enormously to nation building.   As one of the founding fathers, Sir Julius served his country and people well. A service to his community and his stance on good governance are his public legacy. Shining examples of not just doing what is good for our people but also ensuring it is done right.   Doing the right thing is not always the easy thing but Sir J demonstrated over and over that this doing the right thing by Papua New Guinea was the only cou...

PNG’s minimum wage

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PNG's minimum wage

September 28, 2022

The urban minimum wage has been an important part of Papua New Guinea's economic history. In the last few years before independence (in 1975), it was greatly increased. In the decade or so after independence, it was widely regarded as too high. In 1992, it was slashed, merged with the rural minimum, and hardly increased again for more than a decade.
We can compare the minimum wage in PNG today with other Asia and Pacific developing countries using International Labour Organization (ILO) data. 
As Figure 1 shows, PNG's minimum wage is 18% below the average of the 19 countries shown if the market exchange rate is used to compare minimum wages. 
It is 37% below the average if differences in cost of living are also taken into account (with conversions made on the basis not of market exchange rates but so-called purchasing power parities or PPPs). 
The greater difference in terms of PPPs reflects PNG's relatively high cost of living. Of the countries shown, only Samoa and Kiribati have a lower minimum wage than PNG when a PPP comparison is made.
READ FULL RESEARCHED ARTICLE HERE: https://devpolicy.org/pngs-minimum-wage-20220928/

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