Budget stabilisation fund cited for PNG's expected LNG windfall

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Updated June 23, 2009 21:03:14

Policy heads have been meeting in Canberra to discuss Papua New Guinea, and it's where PNG's ambassador to Australia has said his country might put profits from Exxon Mobil's planned liquefied natural gas project into a budget stabilisation fund. But there's also some concern about the enthusiasm that some have shown to spend the money years before it's been earned.

Presenter: Linda Mottram, Canberra correspondent
Speakers: Bob Warner, director, Centre for International Economics, Canberra; Aaron Batten, Crawford School of Economics and Government, Australian National University; Charles Lepani, Papua New Guinea's ambassador to Australia

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