Papua New Guinea and ADB

In the Spotlight

Overview

ADB has been working with the Government of Papua New Guinea (PNG) since 1971, and is now PNG’s second-largest development partner.

In March 2015, ADB approved the partnership strategy with PNG for 2016-2020, which will support the resource-rich country’s drive to remove infrastructure bottlenecks, and barriers to job and business creation. It will assist PNG in planning and implementing a successful conversion of its resource wealth into inclusive and environmentally sustainable economic growth. ADB will support more inclusive economic growth through investments in transport and energy, lowering business and trade costs, and increasing job and livelihood opportunities, particularly in agriculture.


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Funding Information


Fast Facts

7.4(2013) Population in millions

2.7%(2008-2013) Average annual population growth rate

28%(2009) Population living below the national poverty line

Download 2014 Basic Statistics