03/23/2026 | Press release | Distributed by Public on 03/22/2026 19:20
The World Bank's 2026 Papua New Guinea Public Finance Review: Converting Resource Wealth into Human Capital, examines how the country can better use its natural resource wealth to drive jobs and economic growth. While Papua New Guinea has strong potential, the report finds that limited returns from the resource sector and underinvestment in people are constraining progress.
The review highlights a clear path forward: strengthening public finances and investing more in health, education, and skills to support a growing young population.