Medium Term Development Plan
A Medium Term Development Plan outlines priorities, goals, and actions over 5 years from 2022-2027 to guide sustainable growth and resource management.
National Prosperity through Growing the Economy
The MTDP IV is themed “National Prosperity through Growing the Economy”, focusing on strategic investments to drive national growth, transformation, and prosperity. It incorporates lessons from previous plans and reflects the government’s development priorities and the Prime Minister’s agenda.
Objectives:
- Grow GDP to K164 billion by 2027, toward a K200 billion target by 2030.
- Double internal and export revenues.
- Create one million new jobs by 2027.
Each SPA has Deliberate Intervention Programs (DIPs) assigned to responsible agencies to guide investments, budgets, and implementation with support from development partners.
Funding:
The plan requires K51 billion through sources like:
- Government capital investments
- Concessional loans and grants
- Public-Private Partnerships (PPP), tax credit schemes, and SOE obligations
- Foreign Direct Investments (FDIs)
- Contributions from civil society and faith-based organizations
Implementation and Oversight:
Funds will be allocated under Public Investment Program (PIP) guidelines. All sectors and regions must align with MTDP IV to access funding. Regular monitoring and evaluation will assess investment effectiveness and policy outcomes, creating a performance scorecard for sectors, provinces, and districts.
Key Strategic Priority Areas of the Medium Term Development Plan
Strategic Economic Investment
Investing in robust infrastructure to support economic activities and improve connectivity across Papua New Guinea
Connect PNG Infrastructure
Connect PNG Infrastructure focuses on building and improving roads, bridges, airports, and ports to enhance connectivity, drive economic growth, and link communities nationwide.
Quality and Affordable Health Care
Provide accessible, reliable, and affordable medical services, improving health outcomes and ensuring a healthier, productive population across Papua New Guinea.
Quality Education and Skilled Human Capital
Providing inclusive, high-standard education and training to develop a knowledgeable, capable workforce that drives innovation, productivity, and national development.
Rule of Law and Restorative Justice
Expanding access to quality education to empower the next generation with skills and knowledge.
National Security
Promotes fairness, accountability, and peace by strengthening legal systems, ensuring justice for all, and supporting community-based approaches to resolve conflicts and rebuild trust.
National Revenue and Public Finance Management
Focuses on increasing government revenue, improving budget transparency, strengthening financial systems, and ensuring efficient, accountable use of public funds to support sustainable development.
Digital Government, Statistics, and Governance
Aims to modernize public services through technology, strengthen data-driven decision-making, and promote transparency, accountability, and efficiency across all levels of government.
Research, Science, and Technology
Drive innovation, support evidence-based policies, enhance productivity, and create new opportunities for economic growth, social development, and national competitiveness.
Climate Change and Environment Protection
Focuses on building resilience, reducing environmental risks, promoting sustainable resource management, and protecting ecosystems to ensure a safe and sustainable future for Papua New Guinea.
Population, Youth, and Women Empowerment
Focuses on inclusive development by investing in education, skills, leadership, and opportunities to uplift communities, drive economic growth, and promote equality across Papua New Guinea.
Strategic Partnerships
Focus on fostering collaboration between government, private sector, development partners, and civil society to leverage resources, expertise, and innovations for sustainable development and national progress.