Foreword

by Pieter Steyn, Managing Partner

This edition of KPMG PNG Kundu provides a concise overview of the key economic, fiscal, and geopolitical developments shaping Papua New Guinea as it moves into 2026.

With improving economic fundamentals, advancing resource projects, and an evolving regulatory landscape, PNG continues to strengthen its position as an attractive environment for investment and sustainable growth. Now, we just need to get those long-awaited wins on the board.

We trust that these insights will support your planning and decision‑making in the year ahead.

PNG enters 2026 with renewed confidence and balanced growth ambitions

Papua New Guinea has begun 2026 with strengthened investor confidence, improved economic fundamentals, and clear progress across its major development corridors. This momentum was on full display when Prime Minister James Marape positioned PNG as a competitive emerging‑market destination during the 2026 World Economic Forum (WEF) in Davos. Highlighting its strategic location between East and West, Marape underscored PNG’s consistent economic growth—exceeding 4% annually for the past five years—alongside controlled inflation and a determined shift toward a more diversified economic base beyond traditional extractive industries.


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.