DPM attends World Bank AGM

The Deputy Prime Minister, Charles Abel, is in Nusa Dua, Bali, Indonesia, for the 2018 World Bank and International Monetary Fund Annual General Meetings.

These meetings are held outside of Washington once every three years.

The DPM attended roundtable of early adopters of the Human Capital Project as one of 27 countries.

He expressed PNG’s condolences to Indonesia for the recent tsumami disaster.

Abel also spoke of the cross cutting issue of rapid population growth and its impacts on maternal and child health and macro pressures on government financing and the environment in developing countries.

He touched on PNG’s efforts in investments into education and health whilst acknowledging the concerns around childhood stunting.

Abel thanked the WB for the ongoing support to PNG and the Pacific.

The DPM made interventions at the Pacific constituency meeting, participated in a panel of experts on lessons from the Australian economic experience yesterday and will Chair the Commonwealth members of the World Bank meeting today.

He will return to Port Moresby in time to host the APEC Finance Minister meeting next week.

Press release