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Showing posts with the label Fuel Crisis

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

Jobs News: Exciting Career Opportunities in Papua New Guinea for Papua New Guineans!

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Australian High Commission Papua New Guinea Exciting Job Opportunities for Papua New Guineans! Join the Team! The Department of Foreign Affairs and Trade is thrilled to announce vacancies for dynamic individuals to join their team in Papua New Guinea. They are currently seeking talented candidates for the following positions: 🔍 Program Manager - Bulk Are you a strategic thinker with a knack for managing large-scale projects? The Department is on the lookout for a Program Manager specializing in bulk operations. This role promises a dynamic environment where your leadership skills can shine.  Access the full job description and apply now:  Program Manager - Bulk 🔍 ICT Support Officer, Corporate Branch Tech enthusiasts, this one's for you! The Corporate Branch seeks an ICT Support Officer to provide top-notch technical assistance. If you're adept at troubleshooting and thrive in a customer-centric role, this opportunity is calling your name.  Find out more and apply here...

PNG is Facing Fuel Crisis and Experiencing Worsening Economy

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PNG is Facing Fuel Crisis and Experiencing Worsening Economy How the Foreign Currency Issue is Fueling Papua New Guinea's Fuel Crisis and Worsening Economy by  Exepreneur Magazine 19 February 2023. Papua New Guinea (PNG) is currently facing a fuel crisis due to unresolved foreign currency (FX) issues that have left the country with a severe shortage of fuel. The issue of FX, or foreign exchange, is complex and has many economic variables such as GDP, inflation, economic growth, employment, and more. The ongoing standoff between PUMA Energy and the Bank of Papua New Guinea (BPNG) has brought this issue to the forefront and has raised questions about the sufficiency of the government's foreign currency reserves. The country's high inflation rate and the skyrocketing prices of goods and services have only compounded the fuel shortage issue, which has had a significant impact on the economy. The fuel shortage has caused disruptions to the aviation industry, with Airlines, force...

Full speech: Australian Prime Minister Anthony Albanese's Address to Papua New Guinea's Parliament

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