In the start of the gloom period, especially the second half of 2008, the declines in prices of PNG’s major export commodities will be the telling factor behind reduced Government revenue, foreign exchange inflows, potential depreciation of the kina and high inflation rate.
Amando M Tetangco: The importance of risk profession and sound risk management practices Speech by Mr Amando M Tetangco, Deputy Governor of the Central Bank of the Philippines, at the 2004 Convention of the Professional Risk Managers’ International Association Philippine Chapter, at the Asian Institute of Management, Manila, 13 September 2004.