What the occasion is for and the role of the central bank The informal economy has the vast majority of the population, who does not have access to many normal services and therefore are hindered from taking part in economic activities.
Greater participation by the mass of the country's population in the development process is long recognized through the National Constitution with: the Preamble to the Constitution calling for "development to take place primarily through the use of PNG forms of social and political organization" and for economic development to give special emphasis to "small-scale artisan, service and business activity"; and also through one of the Eight Point Plan Aims adopted upon the attainment of independence calling for "greater and equal participation of the people" and for "equal distribution of wealth".