LONDON: More than 300 business leaders, from Britain, continental Europe and the United States, converged on the forum to be briefed on investment opportunities and economic growth in PNG.
In his keynote address to the forum, Mr O’Neill said PNG offers them stability, responsible management and growth.
He said that underpinning PNG’s recent economic growth are core policies that relate to free education, universal healthcare, improved law and order, and infrastructure development.
PNG’s Central Bank Governor Loi Bakani also spoke to the forum to give insights on the management of the formal economy.
Mr O’Neill said the Central Bank has made tough decisions to ensure inflation is manageable, exchange rates are not subject to large fluctuations and interest rates continue to remain stable.
