by DevNadkarni | Mar 2, 2025 | 2025, Blog, News
The Asian Development Bank (ADB) has approved a $24.25 million grant to Papua New Guinea (PNG). This funding, sourced from ADB’s Strategic Climate Fund, aims to integrate climate risk and resilience planning into PNG’s development policies, particularly...
by DevNadkarni | Mar 2, 2025 | 2025, Blog, News
Papua New Guinea’s Minister for Trade and Industry, Richard Maru, has announced a formal inquiry into the country’s oil palm industry as part of the government’s broader reform agenda. The probe, launched in early February 2025, seeks to address issues related to...
by DevNadkarni | Feb 12, 2025 | 2025, Blog, News
Australia is reinforcing its commitment to Papua New Guinea’s economic development through a AUD95.7 million loan to upgrade Kimbe Port in West New Britain Province. This funding, provided under the Australian Infrastructure Financing Facility for the Pacific (AIFFP),...
by DevNadkarni | Feb 12, 2025 | 2025, Blog, News
Papua New Guinea remains steadfast in its plan to bring the budget back to surplus by 2027, this year’s will be its record 15th consecutive deficit budget. This goal, outlined in its long-term fiscal strategy, underscores a cautious yet disciplined approach to...
by DevNadkarni | Feb 12, 2025 | 2025, Blog, News
Papua New Guinea has officially launched its 50th Independence Anniversary logo and theme, marking a significant milestone in the nation’s history. The golden jubilee celebrations, scheduled for 16 September 2025, are expected to attract global investors, diplomatic...
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