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As a resource-dependent lower middle-income country, Papua New Guinea (PNG) faces unique challenges and opportunities on its development journey. Classified by the Asian Development Bank (ADB) as a fragile and conflict-affected situation, PNG’s progress is critical not just for its citizens but also for regional stability. In the wake of the COVID-19 pandemic, the country has been navigating economic recovery, and ADB has been a steadfast partner in this endeavour.
Comprehensive Support for Recovery
The Asian Development Bank has been instrumental in providing comprehensive support to assist Papua New Guinea in its recovery from the COVID-19 pandemic. From economic stimulus packages to health sector support, ADB’s interventions have been designed to address immediate challenges while fostering long-term resilience.
Indicative Country Assistance Pipeline 2023-2025
Looking ahead, ADB’s indicative country assistance pipeline for PNG for 2023-2025 outlines planned investments across various sectors crucial for sustainable development. These sectors include:
- Transport: Improving connectivity through road and infrastructure projects.
- Public Sector Management: Enhancing governance and public service delivery.
- Energy, Water, Sanitation, and Hygiene (WASH): Promoting access to clean energy and water resources, improving sanitation and hygiene practices.
- Health: Strengthening healthcare systems and services.
- Finance: Supporting financial inclusion and economic resilience.
Download the ADB Fact Sheet
For those interested in gaining deeper insights into ADB’s operations in Papua New Guinea, the ADB Fact Sheet serves as a valuable resource. Updated yearly, this fact sheet provides concise information on ADB’s ongoing and planned projects in the country. It also includes essential contact information for stakeholders interested in collaboration or seeking further details.
By downloading the ADB Fact Sheet, you’ll gain a comprehensive overview of how ADB’s initiatives are contributing to Papua New Guinea’s development goals. Together, we can unlock new opportunities, drive progress, and build a more resilient and inclusive future for all.
Download the ADB Fact Sheet for Papua New Guinea:
Note: The ADB Fact Sheet is updated yearly, so be sure to check back for the latest information on ADB’s operations in Papua New Guinea.
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