4. Is price stability enough? But this surely cannot be enough. For we all are aware of the strained circumstances of the international economy in 2009: and are no doubt cognisant of the impact of these developments on the prospects for the domestic economy. So, as William White asked two years ago, “Is Price Stability enough?
Over the years, I had had the opportunity to address graduation ceremonies of educational institutions, given talks to business grouping and have made presentations at various forums around the country. With the Central Bank Board, we have held Board meetings at Alotau, Lae, Wewak, Kavieng and Goroka.