Review of Projects for the Development of Informal and Semi-formal Financial Systems in Papua New Guinea PDF Download
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Author: Serge Belloni
Publisher:
ISBN:
Category : Banks and banking, Cooperative
Languages : en
Pages : 40
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Book Description
Author: Serge Belloni
Publisher:
ISBN:
Category : Banks and banking, Cooperative
Languages : en
Pages : 40
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Book Description
Author: Michael T. Skully
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 116
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Book Description
Author: Oxford Business Group
Publisher: Oxford Business Group
ISBN: 1910068101
Category :
Languages : en
Pages : 256
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Book Description
Papua New Guinea is poised for change, as the country’s mineral riches are providing a major opportunity for economic development through the exploitation of natural resources. The government’s five-year strategic plan focuses on key development enablers such as free education, improvements to health services, the strengthening of law and order, rural development projects and infrastructure construction. Inward investment has increasingly been driven by the extractive sector, including oil and gas, whose share of the country’s total investment stock rose from 71% to 87% between 2004 and 2012. Statistics from the Investment Promotion Authority reveal that the largest share of new foreign direct investment in 2013, some 24.6%, targeted the construction sector, outpacing that in financial services, manufacturing and mining, which accounted for 19.8%, 18.1% and 10.9%, respectively. While minerals and hydrocarbons dominate exports, around 85% of the country’s population is employed in the agriculture sector. The start of liquefied natural gas exports in 2014 is expected to return the current account to a surplus in 2015, forecast as high as 12.1% of GDP before returning to 9.1% the following year. While the outlook for state revenues remains strong in the medium term, ensuring the sustainability of further spending increases will be key to preserving macroeconomic stability.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1462371817
Category : Business & Economics
Languages : en
Pages : 49
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Book Description
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.
Author: Asian Development Bank
Publisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 376
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Book Description
Author: Serge Belloni
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 30
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Book Description
Author: Asian Development Bank
Publisher:
ISBN:
Category :
Languages : es
Pages : 9
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Book Description
Author: Asli Demirguc-Kunt
Publisher: World Bank Publications
ISBN: 1464812683
Category : Business & Economics
Languages : en
Pages : 228
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Book Description
In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.
Author: Asian Development Bank
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 14
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Book Description
Author: Asian Development Bank
Publisher:
ISBN:
Category : Expenditures, Public
Languages : en
Pages : 22
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