Bank of Papua New Guinea - Functions of The Bank

Functions of The Bank

Bank of Papua New Guinea's main function is to issue currency and to act as the banker and financial agent to the Government. It is also in charge of regulating banking and other financial services and manages the gold, foreign exchange and any other international reserves of Papua New Guinea.

The Bank is engaged in policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion.

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    When Western people train the mind, the focus is generally on the left hemisphere of the cortex, which is the portion of the brain that is concerned with words and numbers. We enhance the logical, bounded, linear functions of the mind. In the East, exercises of this sort are for the purpose of getting in tune with the unconscious—to get rid of boundaries, not to create them.
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    O Gold! I still prefer thee unto paper,
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