NZs FUNDING BOOST MUCH APPRECIATED IN THE SOLOMONS

NZs FUNDING BOOST MUCH APPRECIATED IN THE SOLOMONS

Posted by : Posted on : 03-Aug-2018

Solomons PM lauds NZ’s funding boost

Quoting the Solomon Star newspaper – 3 August 2018

“PRIME Minister Rick Hou has warmly welcomed the increased funding by the New Zealand Government under the Official Development Assistance (ODA) programme.

“The New Zealand high commissioner to Solomon Islands Don Higgins this week presented a letter from the acting New Zealand prime minister Rt Hon Winston Peters, to prime minister Hou, on the details of the new funding arrangement.

“It is welcoming news and I sincerely thank the New Zealand government for this huge commitment,” he said.

“The prime minister said New Zealand is an important partner to Solomon Islands.

“This renewed arrangement is a reflection of the commitment the New Zealand government has in enhancing the partnership and cooperation between our two countries,” the prime minister said.

“New Zealand’s acting prime minister in his letter has announced the approval of an indicative funding envelope of NZ $ 104.07 million (SBD$528m) for ODA to Solomon Islands over the coming triennium (2018-2021).

“On top of that, there is also an additional funding of $10.41 Million for renewable energy and other NGO activities.

“We believe that if we work together, Solomon Islands can realize its vision for improved social and economic livelihoods of all Solomon Islanders by 2035,” Acting Prime Minister Peters said in his letter.”

Copyright @ 2018, Solomon Star news.

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