ADB Launches New Country Partnership Strategy to Support Growth in Papua New Guinea
Papua New Guinea, Sept. 28 -- The Asian Development Bank (ADB) has launched a new 5-year country partnership strategy (CPS) for Papua New Guinea (PNG) to support stronger public finances, wider transport and energy connections, and better access to health, education, and other essential services. The 2026-2030 strategy supports PNG's development goal of building a more diversified economy that creates opportunities and improves the lives of all Papua New Guineans. Investments and policy support will strengthen public financial management, improve oversight of the resource sector, and make it easier for businesses to invest, operate, and grow. These actions aim to help increase government revenue and direct public resources toward developmen...
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