The Republic of China (Taiwan) Government has released a third tranche of the 2013 constituency development funds totaling SB$11.2 million to the Solomon Islands Government last week.
The money will be paid out to support rural development in 28 constituencies following the submission of acquittal reports by the Ministry of Rural Development on how the constituencies have spent their second tranche funding last year.
The remaining SB$8.8 million will be released following the submission of acquittal reports by the other 22 constituencies.
The Taiwan Government provided a total of SB$20 million annually to support development programs in the country’s 50 constituencies.
Taiwanese Ambassador to Solomon Islands Victor Yu said the funds will contribute to local development projects that will improve the life of the people in the rural areas.
He said the Taiwanese government will continue to support the Solomon Islands Government in this partnership.
Meanwhile, Prime Minister Gordon Darcy Lilo thanked Taiwan for the assistance and assured Ambassador Yu that the funds will be put to good use which will benefit people in the rural areas.
Source: Press Release, Government Communications Unit