Economic growth in 2023 is predicted to remain strong, though growth will decelerate slightly to the midpoint of the 4.5-5.3% range before increasing to 4.7-5.5% in 2024 (Table 4).
With these few remarks, ladies and gentlemen, it gives me great pleasure to introduce the new series K20 banknote in commemoration of the 34th anniversary of Bank of Papua New Guinea, and to join the family of banknotes depicting the Parliament theme.