The International Monetary Fund (IMF) and authorities in Papua New Guinea reached a staff-level agreement on October 6, 2026, regarding the final reviews of crucial financial arrangements. These arrangements include the Extended Credit Facility (ECF), Extended Fund Facility (EFF), and RSF. This agreement potentially unlocks USD189 million in financial assistance for Papua New Guinea. The successful completion of these reviews is pending approval by the IMF’s Executive Board. The funds are intended to support Papua New Guinea’s economic stability and growth initiatives. Access to the full report requires a subscription to Post Courier's web or web & eBook packages. The agreement marks a significant step in the ongoing financial partnership between the IMF and Papua New Guinea.