Amendments to Central Bank Act

“Amendment To Central Bank Act A Big Mistake”

He said the amendments put at risk on the financial future and international reputation of Papua New Guinea.

Amendments to the Central Bank Act was unanimously passed by Parliament in December 2021.

Treasurer Ian Ling-Stuckey said it is the start to modernizing the Bank of PNG.

In a press release, Ambassador Lupari described the amendments made to the Central Bank Act as a big mistake and dangerous for the country.