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H.E. Ambassador Constancio Pinto currently is the Minister for Commerce,Industry and Environment, prior to this post, Ambassador Pinto served as  the Vice-Minister for Foreign Affairs and Cooperation and Vice-Minister of Commerce, Industry and Environment of Timor-Leste. He served as Ambassador of Timor-Leste to the United States of America ( Nov. 2009 - August 2012) and to Mexico and Canada from (2011-2012); a leader of Timorese Resistance and author of East Timor Unfinished Struggle. 

Thursday, July 16, 2015

Reforms can secure Papua New Guinea’s growth

Author: Paul Holden, PPSDI
Papua New Guinea’s recent period of exponential growth places it among the world’s most rapidly developing economies.
 The Motu stilt village in Port Moresby March 22, 2014. They were rebuilt in all-Australian building materials, corrugated iron and fibrocement and the people have retained many traditional Motu customs. (Photo: AAP)
Between 2005 and 2014, PNG’s economy expanded at a real annual rate of 6.6 per cent and income per capita reached US$2,081. Growth benefitted from macroeconomic stability and low volatility in output and, since 2009, was powered by a large amount of investment in the natural resources sector. It was also supported by the huge increase in demand for commodities worldwide, particularly in Asia.  http://www.eastasiaforum.org/2015/07/17/reforms-can-secure-papua-new-guineas-growth/

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