CENTRAL BANK
The Central Bank of Bougainville is to act as the central bank.
«The Central Bank shall advise the Minister as soon as practicable where it considers that a body regulated by the Central Bank is in financial difficulty.»
to formulate and implement monetary policy with a view to achieving and maintaining price stability;
and to formulate and implement monetary policy with a view to achieving and maintaining price stability;
and to promote an efficient national and international payments system;
and to formulate and implement monetary policy with a view to achieving and maintaining price stability;
and to formulate and implement monetary policy with a view to achieving and maintaining price stability;
and to promote an efficient national and international payments system;
In pursuance of its objectives the Central Bank may:
act as banker and financial agent to the Government;
and regulate banking, credit and other financial services as empowered by this Act or by any other law of the Independent State of Bougainville;
and manage the gold, foreign exchange and other international reserves of Bougainville;
and perform any function conferred on it by or under any international agreement to which Bougainville is a party;
and perform any other function conferred on it by or under any other law of Bougainville.
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Last Update:
10 November 2024
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