Treasurer indicates PNG is shielded from troubled financial markets

GROWING world economic turmoil has so far left PNG unscathed as Treasurer Patrick Pruaitch puts in a timely reminder about the nation’s healthy cash position and loose ties to troubled financial markets.

Treasurer indicates PNG is shielded from troubled financial markets Treasurer indicates PNG is shielded from troubled financial markets Treasurer indicates PNG is shielded from troubled financial markets Treasurer indicates PNG is shielded from troubled financial markets Treasurer indicates PNG is shielded from troubled financial markets

With new credit-crunch events or developments regularly hitting the front page of newspapers around the globe, a modified version of the United States Federal Reserve Bank's $US700 billion (K1.

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