Concessional Loans

More than K400 million in loans for 2017

The total Concessional Loans amount to K452.8 million or 3.4 per cent of the total 2017 expenditure projection of K13 billion according to the 2017 National Budgets Economic and Development Policies.

The amount falls under the Development Partner Assistance component of the budget, which is K1, 420.9 million (K1.4 billion).

The Asian Development Bank (ADB) provides the largest share of concessional loans to PNG with K214.1 million and is steered towards transport infrastructure.