The World Bank Group has dramatically scaled up its engagement in PNG, and is committed to continuing this support as part of a renewed longer-term commitment.
In November 2012, the Bank approved the Country Partnership Strategy (CPS) for Papua New Guinea. This strategy will guide the Bank’s engagement in the country for the period of 2013 to 2016.
Ensuring women and men, girls and boys benefit equally from Papua New Guinea’s development goals is central to the CPS. It also aims to further promote prudent management of revenues.
The CPS focuses on three main pillars.
1) Increased and more gender-equitable access to inclusive physical and financial infrastructure. The first pillar of WBG’s partnership in PNG will focus on providing increased access to inclusive physical and financial infrastructure in ways that benefit women and girls as well as men and boys by providing support to:
• improve and upgrade key national and provincial roads
• increase coverage of rural areas by mobile networks and/or broadband
• increase access to credit for SMEs, increase the number of women with bank accounts, and increase access financial institutions in rural areas
• update policies to facilitate investments that contribute to an increased access to electricity.
2) Gender-equitable improvements in lives and livelihoods. The second pillar will contribute to improvements in the quality of life and livelihoods of women and girls as well as men and boys through interventions that will:
• expand yields of smallholders growing cash crops, improve sustainability and resilience to price and weather volatility, and improve market chain infrastructure
• provide disadvantaged youths in urban areas with trainings and short-term employment apprenticeships to increase their employability, and provide job opportunities.
• encourage public-private mechanisms that facilitate business and investment while removing impediments and inefficiencies in regulation and reducing business costs.
3) Increasingly prudent management of revenues and benefits. The third pillar will sustain support to the prudent management of revenues and benefit streams by providing support to:
• minerals revenue management and extractives industries transparency, to strengthen the engagement on quality of public expenditures and public finance management, and leverage pilots in gender-equitable community development and benefits management
• improve sustainability through attention to environmental and social performance standards by extractives companies.
Last Updated: Apr 08, 2015