DOWNLOAD PNG Gold Bullion Policy 2023 PDF

FOREWORD BY PRIME MINISTER?

Papua New Guinea is well endowed with abundance of natural resources. However, there remains a need to add?value to these natural resources that must be systematically?linked to the generation of sustainable economic growth and?improved quality of life for her people now and into the?future.?

The Marape-Rosso Government has been emphasizing on?downstream processing of natural resources to add value to?PNG’s primary commodities including gold and precious?minerals, oil and gas, agriculture, forestry, and fisheries?products, which is an integral part of our policy directive?deemed as ‘Take Back PNG’.?

I am therefore greatly honored to announce this milestone National Gold Bullion Policy developed to charter a new direction for the gold bullion industry particularly to add value through downstream processing and manufacturing.?

The Government requires a vibrant and competitive National Gold Bullion Policy to?support its macroeconomic and fiscal policy functions which will grow and sustain our economy, create wealth, and improve quality of life for our people. This will, in turn provide economic stability in times of uncertainties.

In view of the above, I now commission the Papua New Guinea National Gold Bullion?Policy to be effectively implemented by all stakeholders including the relevant State authorities and industry operators. I also call upon all Papua New Guineans to take ownership of this policy and support its implementation.

Hon. JAMES MARAPE, MP?

Prime Minister of Papua New Guinea

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