The Assistant Governor for Financial Systems Development and Innovation of the Bank of Papua New Guinea (BPNG), Mr. George Awap delivered a powerful speech during the first ever Financial Inclusion Policy Forum recently in Port Moresby, highlighting the importance of improving policies to achieve the goal of financial inclusion. Speaking to a diverse audience, including CEOs of financial institutions, provincial government representatives and development partners, Mr. Awap highlighted the importance of financial inclusion as a cornerstone for economic growth and social empowerment in Papua New Guinea. Mr. Awap reflected on the journey of financial inclusion since its introduction in 2012, emphasizing the challenges posed by PNG’s vast geographical landscape, limited infrastructure and a large unbanked population. He acknowledged the central bank’s collaborations with financial institutions, non-governmental organizations and donor partners in driving initiatives such as financial literacy programs, gender equality campaigns and digital financial services. The forum also provided an opportunity to review the National Financial Inclusion Strategy 2023 – 2027 that was launched earlier this year. This roadmap outlines ambitious goals, including reaching two million unbanked individuals by 2027 and promoting sustainable finance through green initiatives. Mr. Awap explained that the strategy promotes partnerships, capacity development and technology innovation to build a more inclusive financial ecosystem. Additionally, the recently introduced Green Finance Policy was discussed as a framework to integrate environmental sustainability into PNG’s financial systems. This policy seeks to foster education and awareness about green finance, ensuring that it supports both the economy and environmental resilience. Despite significant progress, Mr. Awap acknowledged the persistent challenges such as financial access disparities and literacy gaps. However, he affirmed BPNG’s commitment to address these issues through expanded financial services, innovative solutions and ongoing collaboration with stakeholders. “Financial Inclusion is not merely an aspiration; it is a catalyst for economic growth, poverty alleviation and social empowerment,” said Mr. Awap. He concluded his speech with a call to action for all stakeholders to intensify efforts in bridging financial gaps, ensuring that no one is left behind in PNG’s journey toward a secure and prosperous future.