World Bank warns Papua New Guinea of a "human capital crisis" due to high child stunting and illiteracy, urging investment in education to boost growth and security.
The World Bank has warned Papua New Guinea (PNG) of a "human capital crisis" due to high rates of stunted growth and illiteracy among children, urging the nation to invest more in education to boost economic growth and security. PNG's economic growth slowed to 2.7% in 2023, largely due to delays in the reopening of the Porgera gold mine and lower liquefied natural gas production. The World Bank recommends investing in education by providing textbooks, toilets, and improving teacher training to reduce absenteeism. A growing youth population without access to education or employment could put future development at risk, the report warns.
May 02, 2024
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