Financial Inclusion in Papua New Guinea
Financial Inclusion: What is it?
Supply-side definitions
"Access to appropriate financial services so that people can manage
their money effectively, securely and confidently on a day-to-day basis;
plan for the future and cope with financial distress to protect against
short term variations in income and expenditure and take advantage
of longer term opportunities and deal effectively with financial
distress." (HM Treasury)
"Individuals and businesses have access to useful and affordable
financial products and services that meet their needs - transactions,
payments, savings, credit and insurance
and sustainable way." (World Bank)
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delivered in a responsible
Our paper focuses on observed financial inclusion (demand and supply) as
measured by bank account ownership
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Davies & Nettuno
Financial Inclusion in Papua New Guinea
August 4, 2022
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