Foreword

by Pieter Steyn, Managing Partner

Welcome to the November 2025 edition of KPMG PNG Kundu, where we spotlight Papua New Guinea’s 50th Independence Anniversary and the nation’s drive for fiscal stability and inclusive growth.

This edition features analysis of the 2026 National Budget, updates on tax legislation, and practical guidance for strengthening cybersecurity in PNG’s evolving digital landscape.

We hope these insights help you navigate the latest developments and support your business success.

Papua New Guinea National Budget 2026: Security with Growth

by Karen McEntee, Partner, Business & Tax Advisory

The 2026 Papua New Guinea National Budget, themed “Security with Growth”, marks a pivotal step in the nation’s journey towards fiscal stability and inclusive development as it celebrates its 50th Independence Anniversary. With total projected revenues of K29.3 billion and expenditure of K30.9 billion, the budget narrows the deficit to K1.6 billion (1.1% of GDP) - the lowest since 2012. This disciplined approach aims for a budget surplus by 2027 and full debt repayment by 2034.


KPMG Kundu newsletter series

Learn about key regulatory and geopolitical issues affecting the business entities in the PNG region.


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KPMG provides a full range of audit, tax, and advisory services tailored to meet the unique needs of entities based in Papua New Guinea. Find out how we can help your business.