Like in most countries, small and medium enterprises in Papua New Guinea are not regulated, however, they are required to operate in compliance with the relevant laws of the country including taxation requirements. In order for the small and medium enterprises to be successful, adequate government support through agencies tasked with this function need to be enhanced.
This would ensure that the small & medium enterprises develop beyond their infant stages and reach selfsustainable levels. Finance There are relatively limited credit and supplementation institutions and financial institutions that are willing to provide credit to small and medium enterprises in the country.