IMF Staff Country Reports

Papua New Guinea: Selected Issues

Publication Date:

November 18, 2015

Electronic Access:

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Summary:

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.

Series:

Country Report No. 2015/319

Subject:

Currency markets Education Environment Exchange rates Financial markets Financial services Foreign exchange Natural resources