Country Partnership Framework for the Independent State of Papua New Guinea for the Period FY19-FY23
Papua New Guinea (PNG) is a richly diverse society undergoing intense economic and social transformation. With more than eight hundred different languages spoken among a population of over eight million people, divided into more than one thousand e...
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okr-10986-317882021-09-16T13:44:46Z Country Partnership Framework for the Independent State of Papua New Guinea for the Period FY19-FY23 World Bank Group FRAGILITY CONFLICT-AFFECTED STATES SMALL AND MEDIUM ENTERPRISES ECONOMIC GROWTH ECONOMIC OUTLOOK POVERTY INEQUALITY WORLD BANK GROUP STRATEGY DONOR COORDINATION RISK MANAGEMENT WORLD BANK PORTFOLIO STAKEHOLDER CONSULTATION IFC PORTFOLIO Papua New Guinea (PNG) is a richly diverse society undergoing intense economic and social transformation. With more than eight hundred different languages spoken among a population of over eight million people, divided into more than one thousand ethnic clans, PNG is the most heterogenous country in the world. The World Bank Group’s (WBG’s) country partnership framework (CPF) for the Independent State of Papua New Guinea for FY19–FY23 is anchored in the government’s Vision 2050, the PNG development strategic plan 2010–2030, and the third medium-term development plan for 2018–2022 (MTDPIII). To support the government in achieving the twin goals, the CPF envisages supporting the government of PNG in pursuing sustainable and inclusive growth and building resilience to shocks across three strategic focus areas: (i) improving macro and fiscal resilience; (ii) ensuring more effective and inclusive service delivery, particularly in underserved areas; and (iii) enabling private sector development and inclusive growth in non-resource sectors. Addressing governance and institutional challenges will be a cross-cutting theme to the program. Close collaboration between the World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA) will be emphasized, with a particular focus on strengthening the business environment and job creation in PNG. 2019-06-05T16:57:24Z 2019-06-05T16:57:24Z 2019-04-18 Report http://documents.worldbank.org/curated/en/986831558749746464/Papua-New-Guinea-Country-Partnership-Framework-for-the-Period-FY19-FY23 http://hdl.handle.net/10986/31788 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Country Partnership Framework East Asia and Pacific Papua New Guinea |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
FRAGILITY CONFLICT-AFFECTED STATES SMALL AND MEDIUM ENTERPRISES ECONOMIC GROWTH ECONOMIC OUTLOOK POVERTY INEQUALITY WORLD BANK GROUP STRATEGY DONOR COORDINATION RISK MANAGEMENT WORLD BANK PORTFOLIO STAKEHOLDER CONSULTATION IFC PORTFOLIO |
spellingShingle |
FRAGILITY CONFLICT-AFFECTED STATES SMALL AND MEDIUM ENTERPRISES ECONOMIC GROWTH ECONOMIC OUTLOOK POVERTY INEQUALITY WORLD BANK GROUP STRATEGY DONOR COORDINATION RISK MANAGEMENT WORLD BANK PORTFOLIO STAKEHOLDER CONSULTATION IFC PORTFOLIO World Bank Group Country Partnership Framework for the Independent State of Papua New Guinea for the Period FY19-FY23 |
geographic_facet |
East Asia and Pacific Papua New Guinea |
description |
Papua New Guinea (PNG) is a richly
diverse society undergoing intense economic and social
transformation. With more than eight hundred different
languages spoken among a population of over eight million
people, divided into more than one thousand ethnic clans,
PNG is the most heterogenous country in the world. The World
Bank Group’s (WBG’s) country partnership framework (CPF) for
the Independent State of Papua New Guinea for FY19–FY23 is
anchored in the government’s Vision 2050, the PNG
development strategic plan 2010–2030, and the third
medium-term development plan for 2018–2022 (MTDPIII). To
support the government in achieving the twin goals, the CPF
envisages supporting the government of PNG in pursuing
sustainable and inclusive growth and building resilience to
shocks across three strategic focus areas: (i) improving
macro and fiscal resilience; (ii) ensuring more effective
and inclusive service delivery, particularly in underserved
areas; and (iii) enabling private sector development and
inclusive growth in non-resource sectors. Addressing
governance and institutional challenges will be a
cross-cutting theme to the program. Close collaboration
between the World Bank, the International Finance
Corporation (IFC), and the Multilateral Investment Guarantee
Agency (MIGA) will be emphasized, with a particular focus on
strengthening the business environment and job creation in PNG. |
format |
Report |
author |
World Bank Group |
author_facet |
World Bank Group |
author_sort |
World Bank Group |
title |
Country Partnership Framework for the Independent State of Papua New Guinea for the Period FY19-FY23 |
title_short |
Country Partnership Framework for the Independent State of Papua New Guinea for the Period FY19-FY23 |
title_full |
Country Partnership Framework for the Independent State of Papua New Guinea for the Period FY19-FY23 |
title_fullStr |
Country Partnership Framework for the Independent State of Papua New Guinea for the Period FY19-FY23 |
title_full_unstemmed |
Country Partnership Framework for the Independent State of Papua New Guinea for the Period FY19-FY23 |
title_sort |
country partnership framework for the independent state of papua new guinea for the period fy19-fy23 |
publisher |
World Bank, Washington, DC |
publishDate |
2019 |
url |
http://documents.worldbank.org/curated/en/986831558749746464/Papua-New-Guinea-Country-Partnership-Framework-for-the-Period-FY19-FY23 http://hdl.handle.net/10986/31788 |
_version_ |
1764475070685642752 |