Papua New Guinea: Country Operations Business Plan (2021-2023)
This country operations business plan (COBP) is the first COBP of the country partnership strategy (CPS), 2021–2025 of ADB with the Government of Papua New Guinea (PNG). The CPS features three strategic pathways. The first pathway serves to enable diversified economic growth through improvements to infrastructure, including in transport and energy, and to bolster the private sector—such as micro, small, and medium-sized enterprises—through a more competitive yet transparent business environment, and more ADB-supported private sector transactions. The second pathway supports improving governance, financial management and institutional strengthening across all institutions that ADB engages with in PNG, including state-owned enterprises, to improve efficiency and public service delivery. The third pathway seeks to address inclusivity and build resilience, with a focus on improving human development outcomes, and building resilience to climate and disaster risks. The three pathways are both complementary and overlapping. The COBP is also well-aligned with the operational priorities of ADB’s Strategy 2030, particularly poverty reduction and social inclusion, rural development, strengthening of governance and institutional capacity, and acceleration of gender equality.
- Consistency of Business Plan with Country Partnership Strategy
- Indicative Resource Parameters