PNG’s economic growth rate alarming, says former Deputy Prime Minister

By Shemmeine Harley
UPNG Journalism Student

Former Deputy Prime Minister, Charles Abel, expressing his concerns on the 2025 PNG Update over the country’s slow economic growth rate, citing average growth rate in GDP per capita since independence.

Mr Abel, who recently chaired a task force, reviewing Papua New Guinea’s 50 years of development, delivered an open assessment of the country’s economic performance.

“Papua New Guinea’s economic growth rate is insufficient to drive development and meet the expectations of its people,” said Mr Abel.

Abel pointed out that despite the country’s rich resources, PNG’s economy has not grown at a rate that correlates to its constitutional goals or development plans. He attributed this to poor management, lack of evidence-based decision-making, and an over-reliance on emotional or nationalistic considerations rather than facts and figures.

The former Deputy Prime Minister, Mr Charles Abel emphasized the need for PNG to restore the morality and integrity of its Constitution, leverage data and evidence for decision-making, and prioritize smart, sustainable, and inclusive growth. He also stressed the importance of accountability, transparency, and impact in governance.

Abel make remarks during his presentation at the University of Papua New Guinea. outlined the key principles and recommendations of the task force’s report. The report identifies 10 big bets for PNG’s future development, including restoring the integrity of the Constitution, advancing human development, and promoting economic growth.

The former Minister also highlighted the challenges PNG is facing, including a high population growth rate, multidimensional poverty, and stunting among children. He emphasized the need for leaders to prioritize the welfare of the people and make decisions that benefit the country in the long term.

The message that Abel brings of PNG’s economic is clear, stating, the country needs to change its approach to development and governance if it is to achieve its goals and improve the lives of its people.