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Papua New Guinea Crisis Response and Sustainable Recovery Development Policy Operation

Sector: Government • Location: Papua New Guinea

Source: World Bank Group

Project
Closed

The development objectives of the Crisis Response and Sustainable Recovery Development Policy Operation in Papua New Guinea are to support the Government of Papua New Guinea in: (i) protecting lives and livelihoods of the population during the COVID-19 crisis; and (ii) laying foundations for a more sustainable recovery over the medium-term. Pillar 1 protects lives and livelihoods of the population

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Project Information

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The project “Papua New Guinea Crisis Response and Sustainable Recovery Development Policy Operation” is an infrastructure initiative in the Government sector, located in Papua New Guinea. Taiyo aggregates data on it from World Bank Group.

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closed

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Description

Description

The development objectives of the Crisis Response and Sustainable Recovery Development Policy Operation in Papua New Guinea are to support the Government of Papua New Guinea in: (i) protecting lives and livelihoods of the population during the COVID-19 crisis; and (ii) laying foundations for a more sustainable recovery over the medium-term. Pillar 1 protects lives and livelihoods of the population affected by the crisis. It supports a series of key policy actions that: (1) help safeguard routine health services while delivering the rollout of COVID-19 vaccinations; (2) provide financial support to MSMEs for job protection; and (3) ease the tax administration burden on small businesses. Pillar 2 lays foundations for a more sustainable recovery over the medium-term. It supports the government’s commitment to: (4) ensure fiscal and debt sustainability; (5) enhance women’s voice and opportunities in decision making; (6) improve financial sector efficiency and financial inclusion; and (7) prepare Papua New Guinea for impending impacts of climate change.

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High

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100%

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