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.
Read more about this topic: Bank Of Papua New Guinea
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“Those things which now most engage the attention of men, as politics and the daily routine, are, it is true, vital functions of human society, but should be unconsciously performed, like the corresponding functions of the physical body.”
—Henry David Thoreau (18171862)
“Those things which now most engage the attention of men, as politics and the daily routine, are, it is true, vital functions of human society, but should be unconsciously performed, like the corresponding functions of the physical body.”
—Henry David Thoreau (18171862)
“Adolescents, for all their self-involvement, are emerging from the self-centeredness of childhood. Their perception of other people has more depth. They are better equipped at appreciating others reasons for action, or the basis of others emotions. But this maturity functions in a piecemeal fashion. They show more understanding of their friends, but not of their teachers.”
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“A bank is a confidence trick. If you put up the right signs, the wizards of finance themselves will come in and ask you to take their money.”
—Christina Stead (19021983)