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BY: Loop Author 10:49, January 21, 2021 475 reads
This year marks the 20th year of the PNG-Australia Partnership funded Incentive Fund. It represents two decades of joint work by PNG and Australia towards a shared vision of a prosperous and thriving PNG.
In 1999, during Development Cooperation Treaty negotiations, the PNG and Australian governments agreed that Australia’s development cooperation program would include joint programmed assistance known as the Australia Papua New Guinea Incentive Fund.
Incentive Fund began in 2000 with the broad goal of encouraging PNG organisations to be more effective, build their capacity and ultimately contribute to the economic development and advancement of PNG.