PNG BUDGET BRIEF 2026
The 2026 National Budget, themed “Security with Growth,” continues the Marape-Rosso Government’s commitment to Budget Repair, targeting a surplus by 2027 and full debt repayment by 2034.
PNG INCOME TAX ACT 2025
Papua New Guinea (PNG) has enacted the Income Tax Act (ITA) 2025, representing the most significant overhaul of its tax legislation in over 60 years. Effective from 1 January 2026, the new Act replaces the 1959 legislation with a modernised framework designed to simplify compliance, align with international standards, and better reflect PNG’s evolving economic landscape.