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About the World Bank Group The World Bank Group is one of the world's largest sources of funding and knowledge for developing countries. It comprises five closely associated institutions: the International Bank for Reconstruction and Development (IBRD) and the... more.
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Papua New Guinea
December 5, 2013 Port Moresby, Papua New Guinea - Papua New Guinea's Treasurer Don Polye launched the National Financial Inclusion and Financial Literacy Strategy 2014-2015 at the annual Financial Inclusion Expo organized by the Bank of PNG on December 5th, 2013.
Treasure Don Polye, who was recently elected as Chairman of Board of Governors of the IMF and the World Bank, acknowledged His Excellency Martin ...
From Left: Governor Loi Bakani, Bank of PNG; Treasurer Don Polye, Australian Minister Stuart Schaefer, EU Ambassador Martin Dihm
December 5, 2013 Port Moresby, Papua New Guinea - Papua New Guinea's Treasurer Don Polye launched the National Financial Inclusion and Financial Literacy Strategy 2014-2015 at the annual Financial Inclusion Expo organized by the Bank of PNG on December 5th, 2013. Treasurer Don Polye, who was recently elected as Chairman of Board of Governors of the IMF and the World Bank, acknowledged His Excellency Martin Dihm, the European Union Ambassador to PNG and Minister Stuart Schaefer of the Australian Government's Department of Development Cooperation in PNG, for their funding support to the Pacific Financial Inclusion Programme (PFIP) - a joint programme of the UN Capital Development Fund (UNCDF) and United Nations Development Programme (UNDP) and partner to Bank of PNG for the development of the country's 1st National Strategy on Financial Inclusion.
I know, from my many discussions with Prime Minister Peter O'Neill; Foreign Minister Rimbink Pato; Treasurer Don Polye, the current chairman of the World Bank; and many others in government and elsewhere, that together we have a window of opportunity to generate real and beneficial change.
Treasurer Don Polye said this when addressing a Commonwealth finance ministers and senior finance officials meeting last week in Washington D.C in the United States.
Mr Polye, a governor for World Bank and International Monetary Fund representing PNG, was responding to an agenda in the meeting on how to mitigate financial shortfalls for the member countries. The ministerial plenary agenda for 2013 was arranged around the theme of the post-2015 global development framework. Mr Polye, who has been recently appointed as the Chairman for World Bank/IMF and will assume office starting next year, said PNG had taken the lead in embracing the partnership model. He said PNG as being a recipient of the Asian Development Bank Funds among others for infrastructure development to help cushion budget deficits in the country. He has urged the Commonwealth Secretariat to design policy guidelines to insure fragile economies against natural disasters given that Oro province and Cook Islands were hit by cyclones and this had affected the people's livelihood. He had other meetings with international organisations representatives and counterparts in the best interest of the nation.
It evokes the non-existent Wasa Bridge in Kandep, associated with Don Polye and the non-existent community colleges - a fraud for which the Grand Chief, Sir Michael Somare and certain members of his family have been implicated in the Singapore courts.
Posted in02 - My analysis, Micah Ben (Kavieng open) Minister for Public Enterprise and State Investment, Somare Michael Sir (East Sepik) | TaggedAngoram RE Project, Arthur Somare, Be Micah, Community colleges., Deja Vu, Don Polye, East Sepik Provincial Government, Fraud Squad, Garry Hersey, IPBC, John Mangos, John Tangit, Matthew Damaru, Patrick Wolly Tangit, PNG Engineering, PNG Power Ltd (PPL), Richard Pii, Sepik Metal, Sir Michael Somare, Was Bridge | 5 Replies The now PNG Opposition Leader, Hon Don Polye, in a statement to the PNG parliament (2011) on the Ombudsman's Commission Report (into the Moti issue) reminded parliament: Moreover, in the abovementioned statement to parliament, Hon Don Polye admitted Papua New Guinean culpability, stating: Posted in02 - My analysis, Lest we forget, Polye Don (Kandep Open), Somare Michael Sir (East Sepik), Uncategorized | TaggedAustralian Federal Police, Boroko Police cells, Danajo Koeget, Don Polye, ex-parte hearings, Illegal detention, Jacksons airport, Joseph Assaigo, Julian Moti, Manasseh Sogavare, Peter Pena, visas | Leave a reply Don Polye - the Engan. Don Polye - the Engan.