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On December 18, 2007 the World Bank Board approved a new, four-year Country Assistance Strategy for Papua New Guinea (PNG). The overarching goal of the FY2008-11 Country Assistance Strategy is to help reduce poverty in PNG. The strategy is envisaged as the first in a series of Bank Group strategies covering the next 15 to 20 years---and is thus conceived of as the beginning of a new Bank Group partnership with PNG. The strategy is based on two main pillars, namely supporting the sound and transparent management of the country’s natural resources and resource revenues; and addressing the needs of the poor by creating economic opportunities and improving the delivery of basic services. More
The full report will be available for download shortly.
Main World Bank CAS Website
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