How much money does australia give papua new guinea each year?

Question

How much money does australia give papua new guinea each year?

Answer 1

Australia gives a lot of aid to Papua New Guinea for diplomatic purposes since it is a very closed neighbor which is vital to their national security.

Answer 2

Fact Sheet

Australia's aid program to PNG comprises about one fifth of the total aid budget.  

In 2002-03, Australian aid to PNG amounted to around $A314 million.  

Australia's aid program is working step by step with PNG to reduce poverty and attain sustainable development.  Australia assists many Pacific island countries including Fiji, Kiribati, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu.  

These countries are small and isolated - even from each other - and are far away from major markets for the goods and services they need to buy and sell.

All these factors have a dramatic impact on people's lives and make it hard for them to escape poverty.

By helping islanders become more self reliant, we reduce the need for foreign assistance and help make the region more stable.