PNG risk rating 'stable'

RISK ratings consultants Standard and Poor’s has revised Papua New Guinea’s economic risk trend to ‘stable’ as credit pressures ease.

PNG risk rating 'stable' PNG risk rating 'stable' PNG risk rating 'stable' PNG risk rating 'stable' PNG risk rating 'stable'

Projects like Papua LNG are boosting confidence in PNG

S and P notes that economic risks facing PNG's banking system have bottomed out and the risk of higher non-performing loans or credit losses beyond its base-case assumptions is limited.