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Bank of Papua New Guinea, the country's central bank, was established in 1973. The National Australia Bank (NAB) incorporated its operations in PNG in 1974. Then the government encouraged the bank to sell equity to local citizens. BSP conducted public offerings in 1980 and 1981, with the result that local citizens came to hold 13% of the bank's ...
The Trans-Papua Highway (Indonesian: Jalan Raya Trans-Papua) refers to 12 road segments, some under construction, across Western New Guinea in Indonesia, located in the island of New Guinea. The roads stretch from Sorong to Merauke with a total length of 4,325 km (2,687 mi). [ 1 ]
The Bank of Papua New Guinea (Tok Pisin: Beng bilong Papua Niugini) is the central bank of Papua New Guinea, which has a core mandate to ensure price stability and maintain macroeconomic growth. To achieve this, it discharges four main functions; 1. responsible for the formulation and implementation of monetary policy, 2. ensure financial ...
The Agricultural Bank was renamed the Rural Development Bank of Papua New Guinea in 1994 following Asian Development Bank intervention, which continued through 1996. [12] After being renamed, the bank focused on rural loans only, with a preference for small and medium-sized operations. [13] The bank was insolvent in 2004, resulting in a new ...
Bank of Papua New Guinea; Bank South Pacific; P. Papua and New Guinea Development Bank This page was last edited on 18 January 2020, at 21:27 (UTC). ...
The Papua conflict (Indonesian: Konflik Papua) is an ongoing conflict in Western New Guinea (Papua) ...
Regional Development Banks (Indonesian: Bank Pembangunan Daerah, or BPD) are a type of bank in Indonesia that is established and owned by the local provincial government. Its purpose is to boost regional development and provide initial capital to the province that private banks would not risk giving, as well as giving basic financial services ...
In 2002, Papua adopted its current name and was granted a special autonomous status under Indonesian legislation. Papua is a province rich in natural resources and cultural diversity, offering great potential for future development. As of 2020, Papua had a GDP per capita of Rp 56.1 million (US$ 3,970), placing it 11th among Indonesian provinces ...