ADB-Papua New Guinea Partnership Strategy
ADB's operational strategy for Papua New Guinea (PNG) is aligned with the government's Medium Term Development Plan, 2011-2015. The country partnership strategy (CPS), 2011-2015 aims to help PNG plan and implement a successful transition through the conversion of its natural resource wealth into inclusive economic growth. ADB interventions will support more inclusive growth by creating livelihood opportunities and improving access to basic services, especially in rural areas where 87% of the population lives.
The country operations business plan (COBP), 2015-2017 is the fifth under the CPS, 2011-2015. The strategy was developed in close consultation with the government and other stakeholders, and is aligned with the government’s Development Strategic Plan, 2010-2030 and Medium-Term Development Plan, 2011-2015. Consistent with the direction of the midterm review of ADB's Strategy 2020, support will be focused on supporting rural populations to access the benefits of economic growth by enhanced transport infrastructure and improving access to finance, primary health services, and electricity, which are vital for better rural service provision and income-earning opportunities.
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. The first COBP under the new CPS will make available $637 million in resources to PNG between 2016 and 2018.
Latest Country Strategies and Business Plans
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.