Papua New Guinea and ADB
In the Spotlight
Sally Shute-Trembath from ADB's Pacific Liaison and Coordination Office reports from Tsak Valley in Papua New Guinea, where hundreds of villagers recently graduated in style from the Microfinance Expansion Project that aims to provide financial education to 120,000 people across the country by the end of 2017.
Engaging the private sector through public-private partnerships and privatization improves the performance and service delivery of state-owned enterprises, according to a new report by ADB.
Food insecurity and economic vulnerability should be included in a broader definition of poverty that could help policymakers develop more effective approaches, says new ADB report.
Developing safe air transport systems and airports is a critical task for all nations. The complex work requires that small and developing countries work together to pool their resources and expertise.
The majority of the population in Papua New Guinea (PNG) is scattered over a vast and geographically challenging terrain, and relies on subsistence farming for their livelihood, supplemented by informal cash crop production. Income-earning opportunities are lacking and constraints within the bureaucracy’s capacity to deliver basic services continue to hinder sustainable improvements in human development outcomes.
ADB support for PNG focuses on the economic infrastructure to allow for more efficient and safer movement of people and goods around the country. This is vital for creating livelihood opportunities and improving access to basic services.