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In 2019, the government budgeted special autonomy funds for Papua Province amounting to IDR 5.85 trillion and West Papua Province IDR 2.51 trillion [2] To accelerate development, the government also disbursed an Additional Infrastructure Fund (DTI) of Rp. 2.82 trillion for Papua and Rp. 1.44 trillion for West Papua in 2019. So that the total ...
The economy of Papua New Guinea (PNG) is largely underdeveloped with the vast majority of the population living below the poverty line. [20] However, according to the Asian Development Bank its GDP is expected to grow 3.4% in 2022 and 4.6% in 2023. [ 21 ]
Bahasa Indonesia: UU ini mengatur mengenai penetapan Peraturan Pemerintah Pengganti Undang-Undang Nomor 2 Tahun 2022 tentang Cipta Kerja (Lembaran Negara Republik Indonesia Tahun 2022 Nomor 238, Tambahan Lembaran Negara Republik Indonesia Nomor 6841) ditetapkan menjadi Undang-Undang dan melampirkannya sebagai bagian yang tidak terpisahkan dari Undang-Undang ini.
With high inflation, firms must change their prices often to keep up with economy-wide changes. But often changing prices is itself a costly activity whether explicitly, as with the need to print new menus, or implicitly, as with the extra time and effort needed to change prices constantly. Tax Inflation serves as a hidden tax on currency holdings.
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22 May – Papua New Guinea and the United States will sign a security pact today that will see U.S. troops stationed in the country in the largest American presence there since the Second World War. [5] 29 August – The Prime Minister of Papua New Guinea James Marape announces that his country will open their Israel embassy in disputed ...
West Papua is located between 0–4 degrees South Latitude and 124–132 degrees East Longitude, just below the equator with an altitude of 0–100 m (0–328 ft) above sea level. The area of West Papua before the creation of Southwest Papua Province was 99,398.26 km 2 (38,377.88 sq mi), [60] and is currently about 60,275.33 km 2 (23,272.44 sq mi).
6–9 September – Pope Francis conducts the first papal visit to Papua New Guinea since 1995. [12] 12 September – Prime Minister of Papua New Guinea James Marape survives a vote of no confidence in the National Parliament. [13] 17 September – At least 35 people are killed in intertribal clashes near the Porgera Gold Mine in Enga Province ...