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Author ADB
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Subject Economic development - Papua New Guinea
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Subject Environment - Oceania - Asia
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A Pacific strategy for the Asian Development Bank 2005-2009: responding to the priorities of the poor

Biodiversity Conservation

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ADB

The purpose of the Asian Development Bank (ADB) Pacific Strategy 2005-2009 is to provide a framework for ADB operations in its 14 Pacific developing member countries (PDMCs)1 and for ADB support to regional cooperation in the Pacific. This third ADB Pacific Strategy will allow ADB's Pacific Department (PARD) to better focus its activities, deepen its experience and expertise in key result areas (KRAs), and align resources to strategy objectives, in order to maximize the impact of ADB support to the development efforts of the PDMCs.

Country economic review : Papua New Guinea

Available Online

ADB

Some economic and social progress has been made since Papua New Guinea's independence in 1975, but the people remain poor by regional and international standards. Thirty one percent of the population lives below the international poverty line of $1 per capita per day. Most of the poor are in rural areas, especially the north coast and highlands provinces. Women are worse off than men, even having a lower life expectancy. The fundamental development challenge is still to translate natural resource richness into broad-based, sustainable economic growth and social development.

papua new guinea

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