ADB aims to improve infrastructure and the private sector environment; strengthen governance, financial management, and service delivery; and promote inclusivity while building resilience in Papua New Guinea.

Apr 30, 2024 · Papua New Guinea (PNG) is a resource-dependent, lower middle-income country classified by ADB as a small island developing state in a fragile and conflict-affected situation. Its economy is dominated by the capital-intensive mineral and petroleum extractives sectors and the labor-intensive agriculture sector.

Oct 14, 2024 · The Asian Development Bank (ADB) and the Government of Papua New Guinea (PNG) have agreed on a timebound action plan to accelerate the implementation and enhance the performance of ADB-financed projects, following discussions at the 2024 Country Portfolio Review Mission Roundtable Meeting.

The latest selected data on Papua New Guinea's economy, poverty and socioeconomic development, and cumulative ADB assistance.

Jan 8, 2019 · ADB Projects in Papua New Guinea Asian Development Bank Under IATI, Asian Development Bank publishes project, or policy-based lending, data of sovereign operations funded with the Asian Development Fund (ADF) or the Ordinary Capital Resources (OCR) in Papua New Guinea.

Jan 29, 2024 · ADB’s active program in PNG currently stands at $1.38 billion. The largest sectors ADB is supporting are transport (roads and civil aviation) with 60% and energy with 20% in response to the large infrastructure gap in PNG.

Aug 22, 2024 · Information on a wide range of statistical indicators on Papua New Guinea’s population, labor force, national accounts, production and price indexes, energy, money and banking, government finance, external trade, balance of payments, international reserves, exchange rates, and external indebtedness.

ADB aims to improve infrastructure and the private sector environment; strengthen governance, financial management, and service delivery; and promote inclusivity while building resilience in Papua New Guinea.

Jan 1, 2014 · The Asian Development Bank (ADB) has been working with PNG since 1971 and is the country’s largest multilateral development partner. ADB has committed $2.8 billion in loans, $175.6 million in grants, and $76.4 million in technical assistance for PNG. Cumulative loan and grant disbursements to PNG amount to $1.77 billion.

May 25, 2023 · The Papua New Guinea (PNG) Resident Mission was opened in 2003 and provides the primary operational link for activities between ADB and the government, the private sector, civil society stakeholders, and development partners.