Papua New Guinea and ADB
In the Spotlight
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Fishing Industry in the Pacific: 12 Things to Know
Pacific nations are managing fishing licenses to maximize benefits, says the Pacific Economic Monitor.
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Results-Focused Budget May Boost PNG Growth - ADB Study
Papua New Guinea (PNG), the Pacific subregion’s largest economy, faces tough challenges in pursuing effective economic management while maintaining public spending for the delivery of basic social services, says a new ADB report.
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Papua New Guinea: Development Effectiveness Brief
ADB has scaled up its assistance to Papua New Guinea for power infrastructure, with an emphasis on clean energy solutions, in line with the government’s prioritization of power sector development.
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The Coral Triangle: An Ecosystem Under Threat
The Coral Triangle is one of the world's richest areas of marine life. Unfortunately, unsustainable and destructive methods are threatening this marginal ecosystem.
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.
Latest
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Fishing Industry in the Pacific: 12 Things to Know
Pacific nations have not enjoyed the full economic benefits of these resources, according to the Asian Development Bank’s Pacific Economic Monitor. -
Commercial Reforms Needed to Boost Pacific State-Owned Enterprises – ADB
State-owned enterprises (SOEs) are a significant drain on Pacific island economies, with the returns from most countries’ SOE portfolios not even meeting their capital costs, according to an upcoming ADB report. -
Energy in the Pacific: 12 Things to Know
Power generation and transmission systems are being upgraded throughout the Pacific.
Projects in Papua New Guinea
Approved/Active
- Highlands Region Road Improvement Investment Program, Tranche 3
- Multipartner Financing Facility for the Highlands Highway
- Town Electrification Investment Program, Tranche 1 (Addtional Financing)
- Building Resilience to Climate Change in Papua New Guinea
- Highlands Region Road Improvement Investment Program - Project 2
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3.1%
Average annual population growth rate in Papua New Guinea (2010-2015)
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28%
Population living below the national poverty line in Papua New Guinea (Before 2010)
Refers to preliminary/interim figures; or refers to periods before 2010. -
8.23
Population in Papua New Guinea, in millions (2015)
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215
Maternal mortality ratio in Papua New Guinea, per 100,000 live births (2015)
