The establishment of the Lae branch of Wau Microbank should be seen as a sign of expansion of the Microfinance sector in PNG as more entrepreneurs from the formal and informal sectors will now be served by this microbank. The Morobe province has a vibrant economy and there are prospects for the expansion of the microbank to other areas of the province.
Consequently, as stressed in fundamental work by the late Martin Feldstein of Harvard University, high inflation can distort saving and investment decisions, including through the treatment of after-tax capital gains.