Papua New Guinea
Country Partnership Framework
May 21, 2019
Chair Summary
Executive Directors discussed the World Bank Group Country Partnership Framework (CPF) for
the Independent State of Papua New Guinea FY19-FY23.
Directors welcomed that this CPF reflects the results of the SCD and a recent Risk and Resilience
Assessment, builds on lessons from the previous Country Partnership Strategy and aligns broadly with the
IDAl 8 special themes, and encouraged a focused approach in its implementation. Directors encouraged the
WBG to explore the Private Sector Window (PSW) of IDA for investment in the non-resource sectors.
Directors noted the importance of ensuring better management of natural resources and
strengthening domestic revenue mobilization and safeguard compliance. They stressed the importance of
selectivity and encouraged strengthening of institutional capacity and governance. They welcomed the
Government's commitment to address human development through the Human Capital Project, with a focus
on job creation and skills improvement for youth and women.
Directors encouraged the WBG to continue efforts to tackle gender gaps and gender-based violence
and to focus on building climate resilience. Directors supported efforts to accelerate private sector-led
growth in key sectors such as energy, agriculture and tourism and to sustain diversification of the economy.
They encouraged greater engagement by IFC and MIGA to maximize finance for development.
Executive Directors underscored the importance of collaboration with other partners to accelerate
progress towards the twin goals.
*This Summary is not an approved record.