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Development context and challenges

Papua New Guinea’s development progress since gaining independence in 1975 has been interspersed with periods of economic progress and poor performance. In the past decade, the government has made efforts to address critical development challenges. The national strategies and policies being implemented are aimed at social and economic progress at the national and sub-national levels. These include Vision 2050, Papua New Guinea Development Strategic Plan 2010–2030, and five yearly Medium-Term Development Plans (MTDPs), Medium-Term Development Strategy (MTDS). Vision 2050 maps out Papua New Guinea’s development initiatives for the next 40 years with priorities underpinning economic growth and development. The Papua New Guinea Development Strategic Plan and the MTDPs translate Vision 2050 into directions for economic policies, public policies and sector interventions with clear objectives, targets and indicators.

Related Subject(s): Economic and Social Development
Countries: Papua New Guinea
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