Papua New Guinea: Development Effectiveness Brief 2010
By the end of 2009, Papua New Guinea received about $1.3 billion in approved loans from ADB. The country regards ADB as a mainstay partner in key sectors such as transport, HIV prevention and primary health, and private sector development.
As Papua New Guinea’s mainstay development partner since 1971, ADB has helped the government build solid foundations in physical and social infrastructure. ADB is engaged in projects to strengthen land, water, and air transport; develop clean power; encourage private sector development; and improve human resources by providing primary health care and basic financial services through microfinance. All this has helped the commodity-based economy continue steady economic growth despite the global downturn.
Papua New Guinea is the largest recipient of ADB assistance in the Pacific, with a total of $1,272 million in approved loans and Asian Development Fund grants of $15 million by the end of 2009.
- Papua New Guinea Development Indicators
- Papua New Guinea and ADB: A Mainstay Partnership
- ADB's Contribution to Development and Poverty Reduction
- Operational Effectiveness: Improving Efficiency and Performance
- Future Challenges