Australia has provided a further SBD$100 million package of budget support to Solomon Islands, the Australian High Commission said on 9 November 2026.
The High Commission said the package is intended to help the GREAT Government strengthen economic stability, improve public financial management and deliver on its policy priorities. It follows a SBD$100 million contribution delivered in June 2026.
Minister for Finance Hon Rexon Ramofafia and Australian High Commissioner Jeff Roach signed a financing agreement to formalise the contribution.
The signing was attended by Minister for Mines, Energy and Rural Electrification Hon Derrick Rawcliff Manu'ari and Minister for National Planning and Development Coordination Hon Peter Kenilorea Junior.
Ramofafia said Australia's partnership and the budget support will help Solomon Islands continue delivering services to its people and advancing national development priorities.
Roach said the funding reflects Australia's commitment to standing alongside Solomon Islands as a trusted partner, and that the contribution supports the government to deliver on priorities such as essential services while creating opportunities for long-term economic growth.
"This SBD 100 million budget support package demonstrates Australia's enduring commitment to Solomon Islands and to our shared vision for a stable, prosperous and resilient Pacific region," Roach said.
He said that as the country's largest development partner, Australia remains committed to supporting good governance, stronger public finances and improved livelihoods across Solomon Islands.
The High Commission said this includes support for the government's reform agenda in areas such as boosting revenue collection, strengthening accountability and developing new grant regulations to strengthen oversight of government grant management.
Those reforms will help ensure public resources are used effectively to deliver outcomes for Solomon Islanders, the High Commission said.