Promote the welfare of the people of Papua New Guinea by ensuring an economy in which markets are competitive, consumers’ interests are protected, and regulated industries are efficient.

To enhance the welfare of the people of Papua New Guinea, by ensuring that:

• Markets are competitive, efficient and informed;
• Consumers are effectively protected from misleading and deceptive conduct and unsafe goods;
• Regulated goods and services are delivered efficiently; and
• Our work is aligned with national development plans and strategies such as the Medium-Term Development Plan 2024 – 2027 (MTDP IV), Development Strategic Plan 2020-2030, and Vision 2050 and conducted independently, transparently and accountably.

• Independence – Objective and evidence base descision making.
• Inclusivity – Welcoming all voices and perspective.
• Integrity – Acting Honestly and with Principle.