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As PNG adjusts to a new normal that accepts COVID-19 infection as an ongoing health risk until such time as a vaccine is developed, attention is becoming more focused on the devastating economic impacts and how the PNG economy as a whole, and individual businesses, can best recover.
In reponse to COVID-19, 81% of CFOs globally are planning cost-containment measures. However past recessions have shown us that it is not usually those who have cut the fastest and deepest who emerge the strongest. To emerge stronger, business leaders need to:
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Managing Partner, PwC Papua New Guinea
Tel: +675 321 1500 | 305 3100
Partner, PwC Papua New Guinea
Tel: +675 7549 2716