Papua New Guinea, April 17 -- Papua New Guinea's (PNG) economy is forecast to moderate to 3.6% in 2026 and 3.4% in 2027, according to the Asian Development Outlook (ADO) April 2026, Asian Development Bank's (ADB) flagship economic publication.The conflict in the Middle East is testing the resilience of developing Asia and the Pacific. Its impacts include higher energy and commodity prices, disrupted shipping routes, and tighter financial conditions.Overall inflation in PNG is projected to increase from 4.4% in 2025 to 4.6% in 2026, before easing to 4.0% in 2027. Macro-fiscal reforms initiated by the government over the past few years have reduced the fiscal deficit, enhanced exchange rate flexibility, improved foreign exchange availability,...