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The Bank of Papua New Guinea Governor Elizabeth Genia addressed current vital legislative adjustments to the Central Banking Act during the latest September 2024 Monetary Policy Statement presentation on the Royal Papua Yacht Club. The amendments, passed by Parliament in September, pave the way in which for the establishment of a new Monetary Policy Committee aimed toward enhancing the independence and transparency of monetary coverage in PNG. “This is the last Monetary Policy Statement from the Bank of Papua New Guinea under the present governance …
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