Management of Agricultural Sector in PNG Economy.

Abstract

To ensure and achieve a sustainable economic growth on a medium to long term basis, a macro - economic framework defined as an integrated policy stance with respect to the budget, monetary management, foreign exchange reserves and prices, needs to be in place. To establish a firm foundation with a sustainable long term, broad based, economic management, the interactions between prices, wages and exchange rate are to be carefully balanced. Emphasis on the manipulation of these instruments must take into consideration any side affects that may occur.