Papua New Guinea and ADB
In the Spotlight
Some of the smallest, most vulnerable countries in the world are in the Pacific. Assisting these fragile states requires new and innovative thinking, according to ADB publication Mapping Fragile and Conflict-Affected Situations in Asia and the Pacific: The ADB Experience
With average growth in the Pacific now projected at 2.7% in 2016 and 3.3% in 2017, the lowest since the global financial and economic crisis, policies to reinvigorate and sustain economic activity need to be prioritized, according to the December 2016 issue of the Pacific Economic Monitor.
Reforms that will expand the use of moveable property, such as vehicles and crops, as collateral could transform the way small businesses and lenders operate in Papua New Guinea.
An project cofinanced by ADB is starting to make progress on expanding health coverage to underserved rural areas.
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.
Projects in Papua New Guinea
- Civil Aviation Development Investment Program, Tranche 3
- Supporting Public Financial Management (Phase 3)
- Highlands Region Road Improvement Investment Program- Tranche 3
- Multipartner Financing Facility for the Highlands Highway
- Town Electrification Investment Program, Tranche 1 (Addtional Financing)
Maternal mortality ratio in Papua New Guinea, per 100,000 live births (2015)
Average annual population growth rate in Papua New Guinea (2010-2015)
Population living below the national poverty line in Papua New Guinea (Before 2010)Refers to preliminary/interim figures; or refers to periods before 2010.
Population in Papua New Guinea, in millions (2015)