Papua New Guinea Growth and Resilience Development Policy Financing with a Catastrophe Deferred Drawdown Option

About this project

The proposed Development Policy Financing (DPF) aims to support the Government of Papua New Guinea in promoting fiscal sustainability, strengthening trade facilitation and market access, and enhancing resilience in the climate and health sectors. This is a standalone operation, designed around three Program Development Objectives (PDO) and Pillars to: (i) promote fiscal sustainability; (ii) strengthen trade facilitation and market access; and (iii) improve resilience to climate change, natural disasters, and health emergencies. This 150 million dollar operation consists of a 100 million dollar Development Policy Credit from the IDA Country Allocation and a 50 million dollar Catastrophe Deferred Drawdown Option (Cat DDO) (12.5 million dollars from IDA Country Allocation, 12.5 million dollars from the Crisis Response Window, and 25 million dollars from IDA general resources). The proposed operation aligns with PNG's national development plan and the World Bank's corporate goals. PNG's national development plan, the Medium-Term Development Plan IV 2023-2027 (MTDP IV), focuses on promoting broad-based economic growth, developing quality and sustainable infrastructure, and building educated, skilled, and healthy human capital. This DPO also supports reforms that address commitments in the National Prevention Strategy (2025-2030) to build peace and boost resilience and strengthen human development in PNG. The operation is aligned with the Corporate Scorecard, PNG Country Partnersh…

Published by

World Bank · Multilateral

Countries

Papua New Guinea

Sectors

Multi-hazard response preparednessTrade facilitationTax policy and administration supportBudget planningInfectious disease controlAgricultural services

Places

Port Moresby

Funded by

International Development Association

Implemented by

Department of Treasury

Accountable

Independent State of Papua New Guinea

Passes funds through

International Development Association

Published by World Bank to the International Aid Transparency Initiative (IATI), last updated 3 Oct 2026 and imported automatically. IATI identifier: 44000-P507527.

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