## Papua New Guinea: Technical Assistance Report-Financial Sector Stability Review

_Technical Assistance Reports, December 6, 2024_

## Source details

**Canonical URL:** [Papua New Guinea: Technical Assistance Report-Financial Sector Stability Review](https://www.imf.org/en/publications/technical-assistance-reports/issues/2024/12/06/papua-new-guinea-technical-assistance-report-financial-sector-stability-review-559177)

## Other formats

- [Markdown version](/en/publications/technical-assistance-reports/issues/2024/12/06/papua-new-guinea-technical-assistance-report-financial-sector-stability-review-559177/index.md)
- [Structured JSON version](/en/publications/technical-assistance-reports/issues/2024/12/06/papua-new-guinea-technical-assistance-report-financial-sector-stability-review-559177/index.json)
- [Bundle manifest](/en/publications/technical-assistance-reports/issues/2024/12/06/papua-new-guinea-technical-assistance-report-financial-sector-stability-review-559177/bundle-manifest.json)

## Bibliographic details
- Published: December 6, 2024
- Series: Technical Assistance Reports
- DOI: https://doi.org/10.5089/9798400294662.019

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### Objective and Scope
- Main objective: Help the PNG authorities build a roadmap of technical assistance (TA) to address identified financial sector needs and gaps, with a view to strengthen resilience of financial institutions and to enhance the policy framework.
- The PNG FSSR diagnostic covered six areas:
  - (i) macroprudential policy;
  - (ii) regulation and supervision of banks and other deposit-taking financial institutions;
  - (iii) regulation and supervision of insurance companies and pension funds;
  - (iv) financial safety net and crisis preparedness framework;
  - (v) financial market infrastructure; and
  - (vi) financial sector statistics.

### Substantive Findings (as summarized)
- The mission produced a diagnostic intended to identify financial sector needs and gaps across the six areas listed above.
- Emphasis on building a TA roadmap to strengthen resilience of financial institutions and enhance the policy framework.

### Policy Recommendations and Technical Assistance Priorities
- Develop and sequence technical assistance to address identified gaps across:
  - Macroprudential policy framework and tools.
  - Regulation and supervision frameworks for banks and other deposit-taking financial institutions.
  - Regulation and supervision frameworks for insurance companies and pension funds.
  - Financial safety net design and crisis preparedness arrangements.
  - Financial market infrastructure improvements, including payment systems oversight.
  - Enhancement of financial sector statistics for policy analysis and supervision.

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## Content in this bundle

- **tarea2024103-print-pdf**
  - [tarea2024103-print-pdf (Markdown version)](/-/media/files/publications/tar/2024/english/tarea2024103-print-pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [tarea2024103-print-pdf (PDF)](/-/media/files/publications/tar/2024/english/tarea2024103-print-pdf.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/technical-assistance-reports/issues/2024/12/06/papua-new-guinea-technical-assistance-report-financial-sector-stability-review-559177_