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Message from the Chairman of the Board of Directors
Members, Capital Stock and Voting Power
The Record
Abbreviations
2004 in Review: Board of Directors' Report
Special Theme: The Changing Face of the Microfinance Industry: Building Financial Systems for the Poor
Part 1: Institutional Effectiveness
Part 2: Poverty Reduction
Strategic Priorities
Thematic Priorities
Regional Perspectives
East and Central Asia
Mekong
The Pacific
Cook Islands
Fiji Islands
Kiribati
Marshall Islands
Micronesia, Federated States of
Nauru
Palau
>>Papua New Guinea
Samoa
Solomon Islands
Timor-Leste
Tonga
Tuvalu
Vanuatu
South Asia
Southeast Asia
Part 3: Financial Statements: Management's Discussion and Analysis
Annual Report 2004 : Part 2: Poverty Reduction : The Pacific

Papua New Guinea

Strategy 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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