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In 2019, the government budgeted special autonomy funds for Papua Province amounting to IDR 5.85 trillion and West Papua Province IDR 2.51 trillion [2] To accelerate development, the government also disbursed an Additional Infrastructure Fund (DTI) of Rp. 2.82 trillion for Papua and Rp. 1.44 trillion for West Papua in 2019. So that the total ...
The highest growth on the production side was Transportation and Storage at 13.96%. During 2023, the Indonesian economy continued to grow spatially. The group of provinces according to the islands, the provinces with the highest growth were Maluku and Papua, Sulawesi, and Kalimantan with growth (c-to-c) of 6.94%, 6.37% and 5.43%.
GRP Nominal is the regional or provincial counterpart of the national gross domestic product, the most comprehensive measure of national economic activity.The Statistics Indonesia (Badan Pusat Statistik) derives GRP for a province as the sum of the GRP Nominal originating in all the industries in the province at current prices market.
The districts of Papua (as now reduced by the reorganisation of July 2022, which separated twenty regencies previously part of Papua Province into three new provinces of Central Papua, Highland Papua and South Papua) and their respective regencies are as follows (as of December 2019).
In 2002, Papua adopted its current name and was granted a special autonomous status under Indonesian legislation. Papua is a province rich in natural resources and cultural diversity, offering great potential for future development. As of 2020, Papua had a GDP per capita of Rp 56.1 million (US$ 3,970), placing it 11th among Indonesian provinces ...
Regional Development Banks (Indonesian: Bank Pembangunan Daerah, or BPD) are a type of bank in Indonesia that is established and owned by the local provincial government. Its purpose is to boost regional development and provide initial capital to the province that private banks would not risk giving, as well as giving basic financial services ...
The Free Papua Movement or Free Papua Organization (Indonesian: Organisasi Papua Merdeka, OPM) is a name given to a separatist movement that aims to separate West Papua from Indonesia and establish an independent state in the region.
The economy of Papua New Guinea (PNG) is largely underdeveloped with the vast majority of the population living below the poverty line. [20] However, according to the Asian Development Bank its GDP is expected to grow 3.4% in 2022 and 4.6% in 2023. [ 21 ]