Group 1 - The International Monetary Fund (IMF) approved a total funding support of $200 million (approximately 833 million kina) for Papua New Guinea (PNG) under its Extended Credit Facility (ECF) and Extended Fund Facility (EFF) [1] - Approximately $172 million (716 million kina) will be disbursed following the completion of the fourth review of the ECF/EFF [1] - The IMF also completed the first review of the Resilience and Sustainability Facility (RSF), approving about $28 million (approximately 116.6 million kina) to support PNG in addressing long-term structural vulnerabilities related to climate change [1] Group 2 - The total financing provided by the IMF to PNG has reached $655 million (approximately 2.7 billion kina) [1] - The ECF/EFF arrangement approved on March 22, 2023, totals 684 million Special Drawing Rights (approximately 4.03 billion kina) aimed at alleviating foreign exchange shortages and supporting structural reforms [1] - The RSF arrangement approved on December 11, 2024, totals 197 million Special Drawing Rights (approximately 1.16 billion kina), specifically addressing long-term international balance of payments risks due to climate change [1] Group 3 - The IMF maintains an optimistic economic outlook for PNG, projecting a growth rate of 4.7% in 2025, driven by strong performance in the resource sector and resilient development in the non-resource sector supported by exchange rate improvements [2] - Inflation is expected to rise from a low in 2024 to 4.8%, with core inflation slightly increasing to 4% [2] - In the medium term, economic growth is expected to stabilize above 3%, with inflation around 4.5% [2] Group 4 - The IMF warns of significant downside risks to PNG's economy, which is vulnerable to domestic and external shocks, governance bottlenecks, and social-political fragility [2] - Global risks such as commodity price fluctuations, geopolitical conflicts, and trade barriers may exacerbate inflationary pressures [2] - However, the initiation of large resource projects could significantly enhance exports and fiscal revenues in the medium term [2]
IMF批准8.33亿基那资金支持巴新
Shang Wu Bu Wang Zhan·2025-06-18 05:26