P
[Tim NEVILLE, party leader] (2004)

Political pressure groups and leaders:
NA

International organization participation:
ACP, APEC, ARF, AsDB, C, CP, FAO, G-77, IBRD, ICAO, ICFTU, ICRM,
IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM
(observer), ISO (correspondent), ITU, MIGA, NAM, OPCW, PIF,
Sparteca, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WFTU, WHO, WIPO, WMO,
WTO

Diplomatic representation in the US:
chief of mission: Ambassador Evan Jeremy PAKI
chancery: 1779 Massachusetts Avenue NW, Suite 805, Washington, DC
20036
telephone: [1] (202) 745-3680
FAX: [1] (202) 745-3679

Diplomatic representation from the US:
chief of mission: Ambassador Robert W. FITTS
embassy: Douglas Street, Port Moresby
mailing address: 4240 Port Moresby PI, US Department of State,
Washington DC 20521-4240
telephone: [675] 321-1455
FAX: [675] 321-3423

Flag description:
divided diagonally from upper hoist-side corner; the upper triangle
is red with a soaring yellow bird of paradise centered; the lower
triangle is black with five, white, five-pointed stars of the
Southern Cross constellation centered

Economy Papua New Guinea

Economy - overview:
Papua New Guinea is richly endowed with natural resources, but
exploitation has been hampered by rugged terrain and the high cost
of developing infrastructure. Agriculture provides a subsistence
livelihood for 85% of the population. Mineral deposits, including
oil, copper, and gold, account for 72% of export earnings. The
economy has improved over the past two years, following a prolonged
period of instability. Former Prime Minister Mekere MORAUTA had
tried to restore integrity to state institutions, to stabilize the
kina, restore stability to the national budget, to privatize public
enterprises where appropriate, and to ensure ongoing peace on
Bougainville. Australia annually supplies $240 million in aid, which
accounts for 20% of the national budget. Challenges face Prime
Minister Michael SOMARE, including gaining further investor
confidence, continuing efforts to privatize government assets,
maintaining the support of members of Parliament, and balancing
relations with Australia, the former colonial ruler.

GDP (purchasing power parity):
$11.99 billion (2004 est.)

GDP - real growth rate:
0.9% (2004 est.)

GDP - per capita:
purchasing power parity - $2,200 (2004 est.)

GDP - compos