Directors' Economic Confidence Index
A timely look into boardroom sentiment in Papua New Guinea.
Launched in the second quarter of 2023, the IDAPNG Directors' Economic Confidence Index is Papua New Guinea’s first monthly pulse survey of board members on their perspective of the PNG economy and how policies and current events are affecting the companies they oversee.
Every quarter, we ask company directors questions regarding their confidence in the current business environment, their outlook for the economy six to twelve months from now, and their projections for their company’s revenue, profit, and cash/debt ratio for the year ahead. Supplementing those three questions are questions on current events, as they pertain to corporate strategy and governance.
Participation in the poll is reserved exclusively for directors of PNG companies, across all sectors, industries and markets.
The survey remains open till the last day of the month, thus making for a very timely assessment of sentiment. The data is then compiled and analysed to establish trends and calculate the Index’s weighted averages. The results are released to IDAPNG members with exclusive comments and insights from participating directors.
Unless otherwise explicitly agreed upon by the respondent, all responses are kept confidential to allow board members to share their perspective in a respectful, truthful, unbiased and collegial setting.
Thanks very much, the IDAPNG team