Central Banking

Former cb governor keeps pmt seat in elections

PAPUA NEW GUINEA - Papua New Guinea's former central bank governor, Sir Mekere Morauta, who since became prime minister, has succeeded in keeping his seat in parliament following a violence-marred election, but the future of his government remains unclear with five more days of voting.

"This is my first hurdle, the next hurdle is to form the government," Morauta told reporters at a counting center in the capital, Port Moresby. Morauta, a reformist who came to power in 1999, won his seat by 1,100

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