PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

585727

Primary Business Area

Access To Finance

Disclosure Date

May 28, 2013

Country

Papua New Guinea

Region

East Asia and the Pacific

IFC Approval Date

Feb 6, 2013

Status

Completed

Estimated Total Budget

$1,448,538.00
(Project budget includes all project-funded activities)

Last Updated Date

May 14, 2026

Project Estimated End Date

Dec 31, 2015

Project Description

The project will focus on the following aspects: (i) support the central banks and key stakeholders to develop and enact the National Payment System (NPS) legislation and implementing regulations in Fiji, Papua New Guinea, Samoa, Solomon Islands, Tonga and Vanuatu; and help establish oversight functions within the central banks; and (ii) facilitate knowledge sharing through the Pacific Payments Remittances and Securities Settlement Initiative (PAPRI).

Development Results