Australian Minister says Pacific economic growth prospects are good
Updated
Economic growth in the Pacific has picked up and is forecast to be reach a high of four-point-five percent this year.That's the conclusion of AusAid's first annual Pacific Economic Survey launched in Vanuatu today by Australia's Parliamentary Secretary for Pacific Island Affairs, Duncan Kerr. The report nominates economic reform and better macroeconomic management, success in tourism, increasing remittances and the resources boom in Papua New Guinea as contributing factors.
presenter: Jemima Garrett
Speaker: Australia's Parliamentary Secretary for Pacific Island Affairs, Duncan Kerr
