Yes. It is a country in the Pacific, just north of Australia. Timezone GMT+10. The country is slighly larger than California state. Population is just 5.6 million. Its Capital city is called Port Moresby. A British commonwealth, with 16 Sep 1975 as its independence day. Chief of state remains Queen Elizabeth II.
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 nearly two-thirds of export earnings. The economy has improved over the past three years because of high commodity prices following a prolonged period of instability. The government of Prime Minister SOMARE has expended much of its energy remaining in power and should be the first government in decades to serve a full five-year term. The government has also brought stability to the national budget thus far, largely through expenditure control. Numerous challenges still face the government including regaining investor confidence, restoring integrity to state institutions, promoting economic efficiency by privatizing moribund state institutions, and balancing relations with Australia, the former colonial ruler. Other socio-cultural challenges include the HIV/Aids epidemic, law and order, and land tenure issues. Australia annually supplies $240 million in aid, which accounts for nearly 20% of the national budget.
I hope it is sufficient.
2006-08-16 16:51:57
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answer #1
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answered by papadaddy 3
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Try the CIA.
https://www.cia.gov/cia/publications/factbook/geos/pp.html
2006-08-16 23:41:07
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answer #2
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answered by iansand 7
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Wiki wasn't enough for you?
http://en.wikipedia.org/wiki/Papua_new_guinea
How about this CIA site?
https://www.cia.gov/cia/publications/factbook/geos/pp.html
2006-08-16 23:39:23
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answer #4
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answered by Pseudo Obscure 6
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