Papua New Guinea and ADB
In the Spotlight
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Our Work in the Pacific
ADB is scaling up its assistance in the Pacific, with our active portfolio growing from $500 million in 2004 to $2.6 billion at the end of 2017.
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Uncertainties Delaying Economic Recovery in the Pacific
Growth in the Pacific is expected to remain weak in 2018, as economic and political uncertainties, fiscal challenges, and natural disasters hold back some of the region’s larger economies. Papua New Guinea's economy will grow slow to 1.8% following an earthquake in February, says a new ADB report.
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Pacific Transport Update 2017
This document provides an overview of ADB’s transport projects in the Pacific region. It highlights the impacts and outcomes of initiatives completed in 2016 and active in 2017.
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Papua New Guinea: Harnessing Natural Resource Wealth to Uplift the Lives of the Poor
Cumulative ADB assistance to the country rose sharply from $1.27 billion in 2009 to $2.13 billion in 2015, making ADB the country’s largest multilateral development partner, according to a country brief.
Papua New Guinea (PNG) has been pursuing a range of development goals in recent years. These include improvements to transport infrastructure, renewable energy, health, water and other urban infrastructure, and public sector management. The Government of PNG has also placed emphasis on environmental sustainability, private sector development, gender equity, and knowledge management.
The country partnership strategy, 2016-2020 for PNG is aligned with the government’s Development Strategic Plan 2010-2030, the National Strategy for Responsible Sustainable Development, and the country’s medium-term development plans.
Read the ADB and Papua New Guinea fact sheet.
Latest
ADB Supports Over $1 Billion in Clean Energy Investments in the Pacific Until 2021 — Report
ADB will support over $1 billion in energy investments in the Pacific between 2018–2021, including 19 projects to help countries in the subregion have better access to quality, affordable, and sustainable energy sources.
ADB continues to help build resilient, low-carbon countries in the Pacific region, while increasing access to clean, reliable power.
Pacific Energy Update 2018
ADB $195 Million Loans to Support PNG's Efforts Towards Achieving Universal Health Coverage
ADB's Board of Directors has approved a total financing package of $195 million to support the delivery of accessible, affordable, and high-quality health services in Papua New Guinea.
Projects in Papua New Guinea
Closed
- Asian Development Outlook 2015
- Enhancing Transparency and Exchange of Information for Tax Purposes
- Assessing Trade Facilitation and Transport Logistics Performance in the Pacific
- Supporting Anti-Money Laundering and Combatting the Financing of Terrorism in Papua New Guinea
- Tax Policy and Administration Research and Capacity Development
