According to the Bank of Japan's December Tankan (Short-Term Economic Survey of Enterprises in Japan), however, the proportion of firms responding that current business conditions are "unfavorable" continued to exceed the proportion of those responding that they are "favorable." The same result was observed for future business conditions.
Our past history and record of management in Papua New Guinea, especially in public institutions which are guardians of the nation’s interests and wealth, has given rise to the need to reestablish proper procedures and order. The on-going work of the Parliamentary Public Accounts Committee, which is an attempt to instill accountability on the use and management of public resources, is commendable.