Papua New Guinea: Selected Issues

International Monetary Fund

No 2015/319, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper provides an overview of financial access and inclusion indicators, related causal factors, and both current and possible reform priorities for on Papua New Guinea (PNG). The paper presents indicators of financial market depth, development, and access for PNG and compares PNG’s performance against that of other countries in the region, at similar levels of development, and beyond. It provides an overview of country-specific challenges facing PNG related to financial inclusion that helps to explain its performance, as well as possible reform priorities in the near term. The government’s current initiatives aimed at promoting financial sector development and inclusion and their preliminary results are also discussed.

Keywords: ISCR; CR; FX; exchange rate; PNG government; central bank; banks in PNG; PNG economy; road transport infrastructure; PNG's progress; asset base; PNG score; PNG authorities' effort; FX market mechanism; Currency markets; Natural resources; Asia and Pacific; East Asia; Sub-Saharan Africa; Global; South Asia; Pacific Islands (search for similar items in EconPapers)
Pages: 32
Date: 2015-11-18
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Citations: View citations in EconPapers (1)

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