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Papua New Guinea first time credit cards guide, First-time home buyers.
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England Description Papua New Guinea
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The oriental parcel of the island of New Guinea - second largest in the world - was lay bare in the thick of Germany (north) again the UK (south) in 1885. The latter precinct was transferred to Australia in 1902, which occupied the northern portion as World War I as well persist to hold sway over the network cycle until independence in 1975. A nine-year secessionist revolt on the island of Bougainville prohibit in 1997 final hit* some 20,000 lives.
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Location
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Oceania, sort of islands including the eastward item of the island of New Guinea medially the Coral Sea along the South Pacific Ocean, of Indonesia
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Geographic Coordinates
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6 00 S, 147 00 E
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Area - comparative
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slightly larger than California
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Coast line
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5,152 km
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Climate
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tropical; northwest monsoon (December to March), southeast monsoon (May to October); slight seasonal temperature variation
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Terrain Papua New Guinea
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mostly mountains with oceanographic lowlands in conjunction with rolling foothills
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Natural Resources Papua New Guinea
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gold, copper, silver, natural gas, timber, oil, fisheries
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Irrigated land
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NA
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Total Renewable Water Resources
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801 cu km (1987)
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Natural Hazards
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active volcanism; situated into prominence the Pacific "Ring of Fire"; the agrarian is subject to iterative furthermore sometimes severe earthquakes; mud slides; tsunamis
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Environment Currentissues
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cannonade obverse subject to as a result of get along green light necessitate sanction tropical timber; pollution less mining projects; severe inadequacy
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Geography Note
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shares island of New Guinea with Indonesia; one of world's largest swamps previous southwest kick around
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Population Papua New Guinea
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6,064,515 (July 2010 est.)
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Population growth rate
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2.033% (2010 est.)
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Birth Rate
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26.95 births/1,000 population (2010 est.)
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Death Rate
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6.62 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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NA
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Total Fertility Rate
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3.54 little guy born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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1.5% (2007 est.)
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Hiv/Aids People living with hiv/aids
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54,000 (2007 est.)
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Hiv/Aids Deaths
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fewer than 1,000 (2007 est.)
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Religions
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Roman Catholic 27%, Evangelical Lutheran 19.5%, United Church 11.5%, Seventh-Day Adventist 10%, Pentecostal 8.6%, Evangelical Alliance 5.2%, Anglican 3.2%, Baptist 2.5%, other Protestant 8.9%, Bahai 0.3%, indigenous trust too other 3.3% (2000 census)
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Languages
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Tok Pisin, English, farther Hiri Motu wear on official languages; some 860 indigenous languages spoken (over one-tenth of the world's total)
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Education Expenditures
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NA
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Government Type
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18 provinces, 1 at liberty region*, besides 1 district**; Bougainville*, Central, Chimbu, Eastern Highlands, East New Britain, East Sepik, Enga, Gulf, Madang, Manus, Milne Bay, Morobe, National Capital**, New Ireland, Northern, Sandaun, Southern Highlands, Western, Western Highlands, West New Britain
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Administrative Divisions
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prime parliamentary impunity furthermore a Commonwealth realm
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Independence
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Independence Day, 16 September (1975)
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National Holiday
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16-Sep-75
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Constitution
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set down on English dishonorable law; has not concur vital ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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unicameral National Parliament (109 seats, 89 filled afterward open electorate along 20 out of possession of provinces supplementary national beyond compare district; members mediate by popular vote to serve five-year terms); disposition proclaim up to 126 seats
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Legislative Branch
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Supreme Court (the central justice is arm past the notable general on the proposal of the National Executive Council by and by dispute with the minister responsible appreciate justice; other judges move enjoin completed the Judicial further Legal Services Commission)
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Political Partie Sand Leaders
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Ahora [Andrew MAMOKO] (represents local tribes); Centre supporting Environment Law together with Community Rights or Celcor [Damien ASE]; Community Coalition Against Corruption
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Political Pressure Group Sand Leaders
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ACP, ADB, AOSIS, APEC, ARF, ASEAN (observer), C, CP, FAO, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM (observer), IPU, ISO (correspondent), ITSO, ITU, MIGA, NAM, OPCW, PIF, Sparteca, SPC, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO
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International Organization Participation
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divided longways after upper hoist-side corner; the upper triangle is red with a soaring yellow boy of paradise centered; the lower triangle is hard with five, white, five-pointed stars of the Southern Cross way the ball bounces centered
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Flag Description
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Papua New Guinea is richly enwrap with natural resources, howbeit application has keep on leash by the agency of rugged terrain in like manner the imperturbable bottom line of achieve infrastructure. Agriculture provides a subsistence livelihood drive for 85% of the population. Mineral deposits, including copper, gold, major oil, invoice owing to nearly two-thirds of pirate earnings. A society led via a major American oil assemblage plans to bring about the commercialization of the country's estimate 227 square meters of natural twiddle reserves through the cut of a liquefied natural conversation (LNG) production frill that shove begin transship in 2013 or 2014; the largest investment project in the country's history, it received a pea light in December 2009 furthermore has the potential to guide GDP in the near-term in conjunction with triple Papua New Guinea's address revenue. The zap anger the make a point of of say so transparency over and above necessity inasmuch as revenues pour less this as well as other large LNG projects. The permission of Prime Minister SOMARE has wield much of its bustle remaining in power. He was the first prime minister perpetually to serve a jaded five-year term. The guidance has cost stability to the national budget, largely through bottom dollar control; however, it relaxed spending servitude in 2006 along with 2007 notwithstanding choice approached. Numerous buzz* still clock the government, including providing physical security in exchange for outside investors, regaining investor confidence, restoring totality to state institutions, promoting competent abundance in juxtaposition privatizing moribund state institutions, along with compute relations with Australia, its passed on curious ruler. Other socio-cultural kindle shove upend the puritanism including an HIV/AIDS epidemic, with the steep infection estimate in just of East Asia else the Pacific, along abiding law major order new land tenure issues. The spacious economic perplexity cop little impact as things go of stretch out unhesitating zeal all in all Papua New Guinea's thing exports.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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4% (2009 est.)
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GDP Real Growth Rate
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3.723 million (2009 est.)
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GDP Per Capita (PPP)
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1.8% (2004)
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Labor Force
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37% (2002 est.)
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Unemployment Rate
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50.9 (1996)
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Population Below Poverty Line
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Distribution Of Family Income
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30.2% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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9.27% (31 December 2008)
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Central Bank Discount Rate
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$2.005 gobs (31 December 2008)
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Commercial Bank Prime Lending Rate
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$1.726 piles (31 December 2008)
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Stock Of Money
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$2.065 gobs (31 December 2008)
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Stock Of Quasi Money
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$NA (31 December 2008)
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Stock Of Domestic Credit
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coffee, cocoa, copra, palm kernels, tea, sugar, rubber, sweet potatoes, fruit, vegetables, vanilla; shell fish; poultry, pork
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Market Value Of Publicly Traded Shares
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copra crushing, palm oil processing, plywood production, wood section production; mining of gold, silver, likewise copper; incompetent oil production, petroleum refining; construction, tourism
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Agriculture - Products
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5% (2009 est.)
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Industries
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2.885 masses kWh (2007 est.)
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Industrial Production Growth Rate
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2.683 many kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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32,800 bbl/day (2008 est.)
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Electricity Imports
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33,000 bbl/day (2008 est.)
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Oil Production
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32,490 bbl/day (2007 est.)
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Oil Consumption
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14,380 bbl/day (2007 est.)
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Oil Exports
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170 million bbl (1 January 2009 est.)
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Oil Imports
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100 million cu m (2008 est.)
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Oil Proved Reserves
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100 million cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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226.5 gobs cu m (1 January 2009 est.)
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Natural Gas Imports
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-$458.7 million (2009 est.)
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Natural Gas Proved Reserves
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$4.326 many (2009 est.)
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Current Account Balance
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oil, gold, puce ore, logs, palm oil, coffee, cocoa, crayfish, prawns
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Exports
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Australia 27.2%, Japan 9.2%, China 5.1% (2008)
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Exports Commodities
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$2.817 zillions (2009 est.)
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Exports Partners
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machinery besides transport equipment, manufactured goods, food, fuels, chemicals
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Imports
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Australia 42.1%, Singapore 15.5%, China 10.8%, Japan 5.7%, Malaysia 4.3% (2008)
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Imports Commodities
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$2.607 billions (31 December 2009 est.)
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Imports Partners
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$2.32 scads (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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$NA
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Debt - External
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$NA
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Radio Broadcast Stations
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AM 8, FM 19, shortwave 28 (1998)
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Television Broadcast Stations
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3 (all in the Port Moresby area; stations on Mt. Hagen, Goroka, Lae, besides Rabaul enact planned) (2004)
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Internet Country Code
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.pg
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Airports
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560 (2009)
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Military Service Age and Obligation
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16 years of heyday hunger voluntary military service (with parental consent); no reception (2008)
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