15/02/2026
Greylisted our Kina means it is very weak. Our economy is very fragile today and requires a reset of our economic strategies.
Old strategies have never been working, instead declining since we gained our independence.
Today, we are warned by greylisting us. That our economy is weaker than what we have in our books.
Reseting our new economic strategies will save us. We are supposed to export more than what we import. We need to devalue our Kina to at least 2.5 to 3 percent down.
However, devaluation works if our internal GDP is higher than the total value of goods and services we import.
Otherwise, devaluation is dangerous when it is miscalculated and mishandled in the way goods and services are depleted in one day from the shelves. But, this is the way forward since inflation took us overloaded.
1. Your K5 buys USD1 today.
2. Your K10 buys USD2 today
3. Your K100 buys USD20 today
Those who make purchases overseas know this very well.
Our Kina is weaker than before. It is still getting weaker and weaker every hour, day, week, months, and years.
Let us say no to corruption. No to nepotism. Say no to jealousy. No to beating our chest saying " mi bos, mi biksot." Stop it. We must understand that you can not escape from economic downturns nor success by hiding in the bush or anywhere underground.