ADB's operational strategy for Papua New Guinea is aligned to the government's Medium-Term Development Plan, 2011–2015. The country partnership strategy, 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.

ADB's support will focus on economic infrastructure, which is vital for better service provision and market access in rural areas. To ensure these investments are sustainable, ADB will help establish reliable financing mechanisms for asset maintenance. ADB will also help build capacity within infrastructure agencies to mitigate the risks of climate change, including through ADB financing of pilot and demonstration projects. ADB will support rural populations by providing them with greater access to finance and primary health services. ADB support for private sector development, through stateowned enterprise reform, will lower business transaction costs, helping expand small and medium enterprises and create jobs in the formal economy. ADB will continue investing directly into the private sector, using loans, equity, and guarantee facilities, and will mainstream gender in all general intervention projects.

The potential adverse macroeconomic implications of large natural resource projects will need to be managed skillfully. ADB will help the government prepare for the expected mineral revenue. It will conduct knowledge work to help the government make the transition to the new economic and fiscal environment offered by the Exxon Mobil-led PNG Liquefied Natural Gas (PNG LNG) project, particularly on sovereign wealth management and public financial management. ADB stands ready to help the government ensure its revenue windfalls are efficiently and equitably utilized and aligned with development priorities.