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Publisher Asian Development Bank (ADB)
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Related Countries Papua New Guinea
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Related Countries Nauru
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Pacific Economic Monitor July 2021

Environmental Governance

Available Online

A stronger economic recovery is underway on the back of vaccination progress, better-calibrated public health measures and extraordinary fiscal and monetary policy support.

Asian Development Bank Member Factsheet - Papua New Guinea

Available Online

The economy of PNG is small, open, and export-oriented. Mineral products (including oil, gas, liquid natural gas, gold, and copper) account for roughly 84% of all exports, with agriculture, forestry, and marine products contributing the other 16%. The economy is estimated to have contracted by at least 2.9% in 2020, largely due to the impacts of the coronavirus disease (COVID-19) pandemic

Asian Development Bank Member Factsheet - Nauru

Available Online

As a single island measuring only 21 square kilometers, Nauru faces the challenge of developing new sources of growth amid significant resource constraints. The Government of Nauru’s income derives mainly from a regional processing center for asylum seekers and revenues from selling fishing licenses. The coronavirus disease (COVID-19) pandemic and associated trade and travel disruptions have affected Nauru’s supply chains—compounding challenges the country already faced because of its small size, distance from markets, and dependence on imports.

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