ANZ Banking Group writes here that a step up in engagement by the Australian and New Zealand governments, combined with regional and international economic support over the past year, has cushioned the initial blow of the COVID-19 pandemic. Moving forward, labour mobility, a fast vaccine rollout and safe travel corridors in the region, combined with the faster release of infrastructure support will be critical to its ongoing recovery.
PNG’s forex inflows drop by 16 per cent in Q3
Foreign exchange (FX) market inflows in the third quarter of 2023 have witnessed a 16 per cent decline, amounting to...