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ADB, Papua New Guinea sign 100 mln USD loan

MANILA, Dec. 17 (Xinhua) — The Asian Development Bank (ADB) and the Government of Papua New Guinea have signed a policy-based loan of 100 million U.S. dollars to improve governance and accountability across the public sector, the bank said Tuesday.

The ADB said the Strengthening Public Sector Management Program supports the government’s efforts to enhance fiscal management, improve state-owned enterprise govern