Contracts in Papua New Guinea can be challenging, according to research from the World Bank. The Bank’s Doing Business 2016 survey ranked PNG only 169 out of 189 in the world for ‘enforcing contracts’. It pays to be well informed, says Peter Taimre.
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Do not show me this message againContracts in Papua New Guinea can be challenging, according to research from the World Bank. The Bank’s Doing Business 2016 survey ranked PNG only 169 out of 189 in the world for ‘enforcing contracts’. It pays to be well informed, says Peter Taimre.
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The Papua New Guinea kina’s exchange rate (mid-rate) against its main trading currencies, as at 18 August, 2023
Source: Bank of PNG
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