World Bank OKs IDA Funding for Papua New Guinea

Papua New Guinea will receive USD25 million in credit from the World Bank’s International Development Association for a project designed to boost rural incomes and livelihoods in the country’s major coffee- and cocoa-producing regions. The credit will go toward supporting the Productive Partnerships in Agriculture Project, which seeks to improve local roads so as to increase market access of communities in the beneficiary areas, the bank said in a press release.