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Papua New Guinea and ADB

ADB's priorities in Papua New Guinea focuses on developing transport infrastructure, promoting renewable energy, expanding access to finance, and improving health services.

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Spotlight on Papua New Guinea

News Release

Tourism-Driven Economies in the Pacific to Feel Brunt of COVID-19 Pandemic — ADB

The economies of the Cook Islands, Fiji, Palau, Samoa, and Vanuatu are the Pacific countries likely to feel the brunt of the COVID-19 pandemic, according to a new report by ADB released today.

Institutional Document

Pacific Energy Update 2019

ADB will invest over $1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable and sustainable electricity in the subregion. Read more

Publication

Pacific Economic Monitor – December 2019

The 2019 growth forecast for the Pacific subregion has been raised from 3.5% to 4.2%, driven mainly by higher liquefied natural gas production in Papua New Guinea and increased construction expenditure in Samoa and Solomon Islands, as well as lower-than-projected economic decline in Nauru. Read more

News Release

3,200 People Graduate from Financial Literacy Course Supported by ADB, Australia, and PNG

The project has substantially delivered basic financial knowledge to huge numbers of rural people in Papua New Guinea. It has allowed people, particularly women, the opportunity to open bank accounts, do mobile banking from market gardens, and, overall, get better access to financial services.