Balanced PNG budget draws cautious optimism

Updated November 27, 2009 09:59:52

The Papua New Guinea opposition has come out with a cautiously optimistic reaction to last week's budget, with analysts also surprised that the government was able to balance its books.

The 2010 Budget is now approved and Parliament adjourned until March next year.

Presenter: Geraldine Coutts
Speaker: Syd Yates, CEO of Kina Securities