Understanding PNG’s Economic Outlook: Insights from the BSP Members Networker Event

On August 5th, our BSP Members Networker event brought together industry leaders and members to explore Papua New Guinea’s economic landscape and market trends. 

The session featured a compelling presentation by Leighton Crisp, Group Head of Market Sales at BSP Financial Group Limited, who provided valuable insights into the country’s economic trajectory. Attendees engaged in an active Q&A, enriching the discussion.

Key topics included the anticipated moderation of PNG’s economic growth to 3.5% by 2026, driven by inflation pressures stemming from Kina depreciation, global commodity prices, and external risks such as El Niño and geopolitical tensions. The presentation also examined opportunities and challenges within PNG’s export sector, consumer activity, and currency dynamics.

This event served as a vital platform for strategic dialogue, fostering collaboration and informed decision-making as PNG’s economy continues to evolve. 

We extend our gratitude to Leighton Crisp and the BSP team for their outstanding contribution, and to all members for their participation and support in strengthening our community.