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PAPUANEWGUINEA MEDIUMTERMDEVELOPMENTPLANIV |2023-2027| PROVERBS16:3 CommittotheLordwhateveryoudoandHewillestablishyourplans NATIONALPROSPERITYTHROUGHGROWINGTHEECONOMY DEPARTMENTOFNATIONALPLANNINGANDMONITORING ThisdocumentisavailableinhardcopyorPDFformat.Allotherrightsarereserved,includinginrelationtoanyGovernmentorDepartmentallogosortrademarkswhichmayexist.Forenquiriesonthisdocumentorregardingtheuseofthispublication,pleasecontact: MediaUnit: Email:media@planning.gov.pgWebsite:http://www.planning.gov.pg/ Facebook:DepartmentofNationalPlanningandMonitoring Address: DepartmentofNationalPlanningandMonitoring P.O.Box631 TwinTower2,MelanesianWay,NationalCapitalDistrictPapuaNewGuinea Telephone:(+675)3084013/3084061 ISBN:978-9980-922-38-0 Copyright:January2023DepartmentofNationalPlanningandMonitoring,PapuaNewGuinea O F P A P U A N E W G U I N E A I N D E P E N D E N T S T A T E M P O L E V E D M R E T M U I D E M ) 7 2 0 2 - 3 2 0 2 ( V I N A L P T N E PAPUANEWGUINEA MEDIUMTERMDEVELOPMENTPLANIV2023-2027 NationalProsperityThroughGrowingtheEconomy LORD’SPRAYER OurFather,whoartinheaven,hallowedbeThyname; Thykingdomcome;Thywillbedone; onearthasitisinheaven. Giveusthisdayourdailybread.Andforgiveusourtrespasses, asweforgivethosewhotrespassagainstus.Andleadusnotintotemptation; butdeliverusfromtheevilone. ForThineisthekingdom,thepowerandtheglory,foreverandever. Amen NATIONALANTHEM I Oariseallyousonsofthisland,Letussingofourjoytobefree,PraisingGodandrejoicingtobePapuaNewGuinea.Shoutournamefromthemountainstoseas PapuaNewGuinea; LetusraiseourvoicesandproclaimPapuaNewGuinea. II NowgivethankstothegoodlordaboveForHiskindness,HiswisdomandloveForthislandofourfatherssofree,PapuaNewGuinea. ShoutagainforthewholeworldtohearPapuaNewGuinea; We'reindependentandwe'refreePapuaNewGuinea. NATIONALPLEDGE We,thePeopleofPapuaNewGuinea,pledgeourselves,unitedinOneNation.Wepayhomagetoourculturalheritage,thesourceofourstrength. Wepledgetobuildademocraticsocietybasedonjustice,equality,respectandprosperityforOurPeople. Wepledgetostandtogetheras –OnePeople –OneNation –OneCountry GODBLESSPAPUANEWGUINEA IV TableofContents CONTENTPAGE ForewordbythePrimeMinisterxii StatementbytheMinisterforFinanceandPlanningxiii RemarksbytheActingSecretaryfortheDepartmentofNationalPlanningandMonitoringxiv Acknowledgementxv ExecutiveSummaryxvi PARTA:POLICYDIRECTIONSOFTHEGOVERNMENT CHAPTER1: INTRODUCTION 1 1.1 Overview 2 1.2 ThemesandObjectives 3 1.3 NationalDevelopmentFramework 3 1.4 HighLevelPolicyTargets 5 1.5 StructureofMTDPIV 7 CHAPTER2 NATIONALPOLICYANDSTRUCTURALREFORMS 8 2.1 PolicyReforms 8 2.2 LegislativeReforms 10 2.3 InstitutionalandStructuralReforms 12 CHAPTER3 GROWINGAK200BILLIONECONOMYBY2030 14 3.1 EconomicGrowthTriggersandOutlook 14 3.2 StrategicInvestmentsoftheSeven(7)KeyGrowthTriggers 18 CHAPTER4: STRATEGICPRIORITYAREASANDKEYINVESTMENTS 26 4.1 MTDPIVStrategicPriorityAreasandKeyInvestments 26 CHAPTER5: FINANCINGOFTHEMTDPIV2023-2027 44 5.1 SourcesofFinancingforMTDPIV 45 CHAPTER6: IMPLEMENTATIONSTRUCTUREOFMTDPIV 49 6.1 MTDPIVGovernance 49 6.2 MTDPIVImplementationandReporting 50 6.3 RolesandResponsibilitiesofAllStakeholdersinImplementingMTDPIV 51 CHAPTER7: STRATEGICALIGNMENTTOMTDPIV2023-2027 52 7.1 AlignmentinDevelopmentPlanning 52 7.2 LocalisationofSustainableDevelopmentGoals(SDGs)toMTDPIV 54 CHAPTER8: MONITORING,EVALUATIONANDLEARNING 56 8.1 Monitoring,EvaluationandLearning 56 8.2 RationaleofMTDPIVMonitoringandEvaluation 56 8.3 PublicInvestmentProgramImplementationMonitoring 56 8.4 ServiceImprovementProgramImplementationMonitoring 56 8.5 DevelopmentPartnersProgramImplementationMonitoring 57 8.6 PolicyOutcomeIndicatorsMonitoring 57 8.7 ProvinceandDistrictRankingandProfiling 57 8.8 Reporting 57 CHAPTER9: NATIONALSTANDARDSDETERMINATION 58 9.1 NationalStandards 58 9.2 Sub-NationalMinimumServiceStandards 59 9.3 NationalStandardsQuickResponse(QR)Codes 60 CHAPTER10: PERFORMANCEOFPREVIOUSMTDPs 62 V 10.1AchievementofPastMTDPs 62 10.2FinancingofMTDPIII2018-2022 65 10.3Challenges,OpportunitiesandLessonsLearntfromtheImplementationofPast67 MTDPs 10.4 RecommendationstobeConsidered 67 CHAPTER11: RISKMANAGEMENT 70 11.1 KeyConstraintsofImplementingMTDPIV 70 11.2 MTDPIV2023-2027RiskManagementStrategy 71 CHAPTER12: MARKETINGANDCOMMUNICATIONSTRATEGY 74 12.1 Objectives 74 12.2 TargetGroups 74 12.3 RollingouttheCommunicationStrategy 75 PARTB SECTORLOGFRAMESTODELIVERTHEMTDPIV2023-2027 77 SPA1: STRATEGICECONOMICINVESTMENT 79 1.1 CommercialAgricultureandLivestockDevelopment 80 1.1.1 OilPalm 82 1.1.2 Coffee 84 1.1.3 Cocoa 86 1.1.4 Coconut 88 1.1.5 Rubber 90 1.1.6 Tea 92 1.1.7 RiceandGrains 94 1.1.8 Livestock 96 1.1.9 Spices 98 1.1.10 FreshProduce 100 1.2 MiningandPetroleum 102 1.2.1 Mining 102 1.2.2 Petroleum 104 1.3 Fisheries 106 1.4 Forestry 110 1.5 BankingandFinance 112 1.6 Micro,SmallMediumEnterprise 114 1.7 NationalTourismandCultureDevelopment 116 1.8 TradeandInvestment 118 1.9 Manufacturing 120 1.10 LandDevelopment 122 1.11 DownstreamProcessing 123 SPA2: CONNEC