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Papua New Guinea Economic Update, March 2023: Unlocking the Economic Benefits of Gender Equality

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dc.contributor.authorWorld Bank
dc.date.accessioned2023-04-14T14:57:42Z
dc.date.available2023-04-14T14:57:42Z
dc.date.issued2023-04-14
dc.description.abstractHigh commodity prices and the removal of COVID-19 restrictions spurred economic recovery in 2022. The government continued with fiscal consolidation to safeguard macroeconomic stability. Higher commodity prices contributed to higher inflation and stronger external balances. Economic growth is projected to slow down in 2023 due to lower global demand, supply constraints due to planned maintenance in extractive facilities and the delayed reopening of the Porgera gold mine. Further fiscal consolidation can become more challenging. As a step toward unleashing these economic benefits, the government can modernize the Employment Act and address gender-based violence (GBV) through increased enforcement of commitments and scaling-up interventions. Successful private sector initiatives that address GBV at the workplace, providing anti-harassment training and support services to those affected by GBV can be scaled-up. Similarly, interventions supporting women’s employment through targeted outreach, skilling or access to networks can be sustained and expanded.en
dc.identifierhttp://documents.worldbank.org/curated/en/099032923055010127/P17932200ac1750780937c052dcc9b51bf5
dc.identifier.doi10.1596/39692
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/39692
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington DC
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo/
dc.subjectGENDER EQUALITY
dc.subjectECONOMIC BENEFITS
dc.subjectGENDER-BASED VIOLENCE
dc.subjectWOMEN'S EMPLOYMENT
dc.titlePapua New Guinea Economic Update, March 2023en
dc.title.subtitleUnlocking the Economic Benefits of Gender Equalityen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titlePapua New Guinea Economic Update, March 2023: Unlocking the Economic Benefits of Gender Equality
okr.date.disclosure2023-04-14
okr.date.lastmodified2023-03-29T00:00:00Zen
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/099032923055010127/P17932200ac1750780937c052dcc9b51bf5
okr.guid099032923055010127
okr.identifier.docmidP179322-0ac17507-f1fa-4d78-937c-52dcc9b51bf5
okr.identifier.externaldocumentum34030890
okr.identifier.internaldocumentum34030890
okr.identifier.report181068
okr.import.id451
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099032923055010127/pdf/P17932200ac1750780937c052dcc9b51bf5.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryPapua New Guinea
okr.region.geographicalOceania
okr.topicGender::Gender and Development
okr.unitEFI-EAP-MTI-MacroFiscal-2 (EEAM2)
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