The Australia – PNG Economic Partnership (APEP) is a multi-sectoral investment to assist GoPNG to create a stable and more prosperous country. The investment is a key coordination point from which Australia delivers its economic development support to PNG in alignment with the Comprehensive Strategic and Economic Partnership (CSEP). The Australian Government is committed to delivering the Partnership in accordance with the principles of integration and alignment with PNG’s economic sector policies, systems and processes.
The Partnership’s policy objective is to assist PNG in its efforts to achieve sustained growth, capable of lifting the standard of living of all citizens, while also ensuring Australia maintains its reputation as PNG’s economic partner of choice.
The Partnership has gender equality, disability social inclusion (GEDSI), women’s economic empowerment (WEE), climate change, economic dialogue and open government positioned as cross-cutting objectives across all engagement areas.
It has the following End of Program Outcomes (EOPOs):
- EOPO 1 Safeguarding Macroeconomic Stability
- EOPO 2 Strengthening Public Financial Management (PFM)
- EOPO 3 Supporting More Efficient and Inclusive Markets
- EOPO 4 Fostering Inclusive Growth and Expanded Livelihoods
- EOPO 5 Catalysing Economic Research and Dialogue