It has been confirmed that the late Sir Julius Chan will finally have his image printed on the K100 bank note as a mark of honour and a celebration of his service to the country as one of the founding fathers. Prime Minister James Marape today announced that Papua New Guinea (PNG) will honour the late Sir Julius with the issuance of a new K100 banknote bearing his image — a historic tribute to a man regarded as the chief architect of PNG’s financial system. Speaking during a commemorative event in Port Moresby today marking the 50th anniversary of the Kina and Toea, Prime Minister Marape paid special respect to Sir Julius Chan, who was recently laid to rest in New Ireland Province. “Sir Julius Chan was a towering figure in our country’s history. He built the financial foundations that still support our economy today,” said Prime Minister Marape. “On behalf of the nation, I take this time to pay him a special tribute. Cabinet has already approved the proposal to issue a K100 note bearing his image, to be launched before our Independence Day celebrations on September 16.” Prime Minister Marape acknowledged Sir Julius’ children, Vanessa, Mark and Toea and thanked them for sharing their father with the nation. He noted that Sir Julius had earlier declined the idea of a currency bearing his image while he was alive, requesting that it be considered only after his passing. In closing, Prime Minister Marape reminded the nation that the Kina and Toea are more than money — they are powerful emblems of Papua New Guinea’s ancient traditions, its unity across diversity, and its future aspirations as a bridge between the Pacific and Southeast Asia.