Adb-... Archive April 2014
Growth Up Slightly in Solomon Islands
Economic growth in Solomon Islands is expected to pick up slightly to 3% in 2014, and remain steady at 3% in 2015 due to a fiscal stimulus from investment projects which will have a spillover effect on the economy, according to the Asian Development Bank’s (ADB’s) 2014 Asian Development Outlook report.
Papua New Guinea Headed for Record Growth
The commencement of Liquefied Natural Gas (LNG) exports will support Papua New Guinea’s (PNG) GDP growth of 6% in 2014, picking up to a record 21% in 2015, the Asian Development Bank (ADB) says in a major new report.