The Prime Minister, Manasseh Sogavare says remote constituencies in the country will benefit greatly from an additional $20 million funding from the Republic of China Government for social economic development.
He made the statement today after receiving the document from the Republic of China (ROC) Ambassador to Solomon Islands His Excellency Victor Te-Sun Yu.
Taipei transferred $20 million from the Federal Reserve Bank of New York in the United States of America to the Central Bank of Solomon Islands account.
Prime Minister Sogavare says money given under the 2015 ROC Support for Constituency Development (RSCD) will definitely help the country’s 50 Constituencies, especially in remote areas, to develop social economic development projects.
He says people from the remote constituencies do not always have access to undertakings that will readily derive income for tangible development in their areas.
He says the additional funding is highly appreciated.
The Prime Minister adds the Government will ensure the funds were spent on approved Constituency projects and provision of reports on the progress of projects are tangible.
Meanwhile, Ambassador Yu says the additional funding demonstrates the Republic of China Government’s commitment to improving the livelihood of Solomon Islanders.
He says Taipei will continue to support Solomon Islands because its funding touches the lives of the rural people.
Ambassador Yu says the Ministry of Rural Development will administer the additional funds and the applications to access them.
He says it is important for Taipei to receive acquittal reports from every constituency after it has from time to time been bombarded with what he described as baseless accusations.