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Papua New Guinea : financial system stability assessment

Author: International Monetary Fund. Monetary and Capital Markets Department.; International Monetary Fund. Asia and Pacific Department.
Publisher: Washington, D.C. : International Monetary Fund, ©2011.
Series: IMF country report, no. 11/163.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Database:WorldCat
Summary:
Papua New Guinea (PNG) was only mildly impacted on the financial front during the global crisis. Although the financial sector in PNG has been a source of strength in 2000, vulnerabilities exist and need to be carefully managed. There are important steps needed to strengthen the regulation and supervision of the banking and insurance sectors. The development of local government securities markets is important for  Read more...
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Details

Genre/Form: Electronic books
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund. Monetary and Capital Markets Department.; International Monetary Fund. Asia and Pacific Department.
ISBN: 9781462308248 1462308244
OCLC Number: 769445517
Notes: "July 2011."
Description: 1 online resource (48 pages).
Series Title: IMF country report, no. 11/163.
Other Titles: Papua New Guinea, financial system stability assessment
Responsibility: prepared by the Monetary and Capital Markets and Asia and Pacific Depts.
More information:

Abstract:

Papua New Guinea (PNG) was only mildly impacted on the financial front during the global crisis. Although the financial sector in PNG has been a source of strength in 2000, vulnerabilities exist and need to be carefully managed. There are important steps needed to strengthen the regulation and supervision of the banking and insurance sectors. The development of local government securities markets is important for system stability. Five years after the enactment of the Proceeds of Crime Act (POCA), there is still no legislation on terrorist financing.

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