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Annual Report 2004 : Part 2: Poverty Reduction : The Pacific
Papua New GuineaStrategy and Policy Dialogue. The strategy focuses on strengthening governance, supporting private sector development, and improving social services. ADB is strengthening public sector management, particularly fiscal and financial management and public service reform. For private sector development, ADB is helping to improve policy and institutional frameworks (agriculture and fisheries), enhance factor productivity (microfinance services), and improve market access with transport infrastructure investments especially in rural areas. In the social sectors, ADB will continue to assist in policy development in health and to support water and sanitation and service delivery. ADB, the Australian Agency for International Development, and the World Bank are aiming to develop a strategy for activities, based on joint diagnostic work to improve the effectiveness of assistance. Loans and Technical Assistance. One loan of $19.0 million was approved for the community water transport project. A total of $500,000 was approved for technical assistance.
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