Papua New Guinea is undergoing total shit of stagflation. Citizens are silently enduring the effects of stagflation yet NO one to address it. We have the very big problem with unemployment rate, economy growth seems to be very slow and backwards yet prices of goods and services are sky rocketing. Our economy is growing backward yet prices of goods and services are going beyond citizens earning. Even unemployment rate is too high.

PAPUA NEW GUINEA IS NOT ONLY HIT BY INFLATION BUT HIT BY FAR WORSE STAGFLATION!!

by Ruben PULI | 21 August, 2022. Papua New Guinea is undergoing total shit of stagflation. Citizens are silently enduring the effects of stagflation yet NO one to address it. It is clearly seen that our economy is growing backward yet prices of goods and services are going beyond citizens earning. Even unemployment rate is too high, it is therefore proportional to crime rate is also high everywhere in the country. We have the very big problem with unemployment rate, economy growth seems to be very slow and backwards yet prices of goods and services are sky rocketing. At this point of time, citizens needs to compromise and come up with something to withstand this through help of our brain economist and activists in the country. If we don't do something now, we'll be slave for another 5 decades. It's now time to say no to DINAU because we already have K30 billion (K48 billion) DINAU. More to add up during governments mysterious trip to China or America. We'll be forever tax slave and meeting high cost to live a struggle life. Share this for wider reach. Ruben PULI - Asset Management Standards and Compliance Officer (Business Analyst) at PNG Power Limited, Hohola Head Office.