State-Owned Enterprises Reform Program, Subprogram 3: Report and Recommendation of the President

Reports and Recommendations of the President | November 2022

The program, comprising three subprograms, aims to enhance the operational performance of PNG’s state-owned enterprises (SOEs), which are key to delivering a host of essential services. The programmatic approach has allowed for sequencing and deepening of reforms over time. Policy reforms under subprogram 3, which is the final subprogram, will further strengthen legislative and policy frameworks for SOEs; enhance governance and transparency; and improve the financial sustainability of priority SOEs.

The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.

This document dated November 2022 is provided for the ADB project 53424-003 in Papua New Guinea.