World Bank kicks off new PNG aid strategy

The World Bank unveiled a new, four-year country assistance strategy for Papua New Guinea to help the country meet critical development challenges. With the new CAS in place, the bank hopes to help the country maintain sturdy economic and natural resource policies and improve the livelihood of and service delivery to the poor. The bank also gave its approval to a USD27.5 million loan for an agricultural development project in the West Pacific state. (Source: World Bank approves new assistance strategy for PNG/Pacnews)

About the author