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Review of the Forest Revenue System in Papua New Guinea

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Papua New Guinea is engaged in review of the forest revenue system as part of a broader reform of the forestry sector. This sector experienced good trading conditions in the middle of the last decade, but is now adversely affected by a combination of low export prices and reduced volumes, resource exhaustion in certain provinces, poor growth rates in the two main industries using Papua New Guinea logs (saw and
ply-milling), the impact of illegal logging in Indonesia, and the prospect of certification.