IMF Report is inaccurate: Bakani

“The report did not accurately cover the performance of the PNG economy, as a number of serious errors were noted in the report,” Bakani stated in statement.

The six areas that the country’s central bank disagreed to, resulting in the delay of approving the release of IMF Report since October 2016 are, debt-to-GDP ratio, months of import cover, no breach of Article VIII, tax  clearance certificate, foreign exchange market and IMF visit staff report.