Papua New Guinea and ADB

In the Spotlight

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.
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.
Pacific Economic Monitor - December 2017

This latest issue highlights the gains of Pacific developing member countries and the challenges that these countries continue to face including the impacts of climate change.
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.

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Pacific Private Sector Development Initiative Updates on our support for inclusive, private sector-led economic growth in Papua New Guinea

Latest

Publication 23 Apr 2018

Asian Development Bank and Papua New Guinea: Fact Sheet
ADB has worked with Papua New Guinea since 1971 and is the country’s largest multilateral development partner.
Publication 13 Apr 2018

Economic and Fiscal Impacts of Disasters in the Pacific
Pacific island countries need to build their fiscal and economic resilience to climate change and natural disasters as these have lasting consequences on their livelihoods, economies, and fiscal balances.
News from Country Offices 11 Apr 2018

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.