An International Monetary Fund (IMF) team led by Mr Nir Klein, mission chief for Papua New Guinea (PNG), visited Port Moresby from March 19 to April 1, 2026, to review progress under the authorities’ homegrown economic reforms supported by the Extended Credit Facility (ECF), Extended Fund Facility (EFF), and Resilience and Sustainability Facility (RSF) arrangements.
At the conclusion of the mission, Mr Klein issued the following statement: “I am pleased to announce that IMF staff and the Papua New Guinea authorities have reached a staff-level agreement on policies needed to complete the sixth reviews of the ECF and EFF arrangements and the third review of the RSF arrangement.