The Solomon Islands government today launched the second phase of the Rural Sustainable Development Program (RSDP), in partnership with China and backed by a $10 million grant. The move reflects deepening ties between the two nations since their formal diplomatic alignment in 2019. The program aims to boost social and economic development, improve liv...
The Government of the Cook Islands proudly announces that the Green Climate Fund (GCF) Board has approved the country’s second national funding proposal, titled “Direct Financing for Communities and Businesses to Respond to Climate Change in the Cook Islands.” This marks another major milestone, just 19 months after the approval of our first national G...
The Assistant Minister for Finance, Strategic Planning, National Development and Statistics Esrom Immanuel joined senior diplomats and international experts as a panelist at a high-level discussion on “Mobilizing Sustainable Finance in Caribbean and Pacific Developing States (SIDS).” In his remarks, Immanuel underscored the urgent need for innovative a...
In a landmark decision, the Climate Investment Funds (CIF) governing board approved Fiji’s US$27 million Nature, People, and Climate (NPC) Investment Plan, developed in partnership with the World Bank. The plan adopts a “mountain-to-ocean” approach to strengthen climate resilience across watersheds, coastal zones, and marine ecosystems. It is expected ...
The Government of New Caledonia has formalised the second phase of its state-guaranteed loan (PGE), following authorisation by the Congress on October 9. The agreement was signed on October 14 by Government President Alcide Ponga, High Commissioner of the Republic Jacques Billant, and the Regional Director of the French Development Agency (AFD) Safia Ibra...
Deputy Prime Minister and Minister for Finance Biman Prasad met with Coalition for Disaster Resilient Infrastructure (CDRI) Global Director Ramesh Subramaniam on the sidelines of the 2025 IMF–World Bank Annual Meetings. The discussion focused on Fiji’s leadership in disaster risk financing and infrastructure resilience across the Pacific, following the...
Economic growth in the Pacific is expected to pick up next year, buoyed by strong resource output in Papua New Guinea (PNG), according to the Asian Development Outlook (ADO) September 2025, released Monday by the Asian Development Bank (ADB). The report projects Pacific economies to expand by 4.1 percent in 2025, before moderating to 3.4 percent in 202...
Acting Prime Minister and Minister for Finance Biman Prasad on Wednesday received the transfer of $146 million in profits from the Reserve Bank of Fiji, together with the presentation of the Bank’s audited financial statements for the year ending 31 July 2025. Speaking at the handover, Prasad congratulated the Bank on achieving another record result. ...
The World Bank has appointed Han Fraeters as its Division Director for Papua New Guinea, Solomon Islands and Vanuatu, effective 16 September. Fraeters’ appointment marks the first time a director-level position has been based in Port Moresby, underscoring the World Bank’s commitment to bringing leadership closer to its clients. The move is part of a gl...
Fiji has become the first nation in the Pacific to help small and medium-sized businesses become resilient under the Global Climate Financing Partnership through a bold new partnership with the Asian Development Bank (ADB), the United Nations Development Programme (UNDP) and the United Nations Capital Development Fund (UNCDF). The initiative will stren...
Fiji’s digital journey is set to accelerate as the government launches a phased rollout of 5G technology, starting this year in the nation’s busiest cities before extending to rural and maritime communities. Deputy Prime Minister and Minister for Communications Manoa Kamikamica unveiled the Cabinet-endorsed 5G Spectrum Assignment and Rollout Strategy i...
The Water Authority of Fiji (WAF) has been allocated $284.4 million in the 2025-2026 Budget to deliver major upgrades to water and wastewater infrastructure across the country. The funding will go towards upgrading water sources and treatment plants, improving water pipes and supply systems, and reducing water loss. A further $4.9 million will be used ...
The Ministry of National Planning and Development Coordination (MNPDC) has begun a review of the Solomon Islands National Infrastructure Investment Plan (SINIIP) to ensure major projects are better prioritised and aligned with national development goals. A national workshop was held on 13 August, bringing together senior government officials, state-own...
Prime Minister Jeremiah Manele has met with Dr. Fahad Al Taffaq, the United Arab Emirates Ambassador to Australia, in a bid to deepen ties and explore new avenues of cooperation between Solomon Islands and the UAE. During talks in Honiara, Manele shared updates on the Bina Harbour project, describing it as a transformational initiative for the nation. ...
Deputy Prime Minister and Minister for Communications Manoa Kamikamica opened the 2nd Pacific ICT Ministerial Dialogue on 8 August, 2025 with a strong appeal for renewed regional unity, collaboration and ambition in the digital space. Speaking in Suva, Kamikamica reaffirmed the symbolic and strategic importance of the Lagatoi Declaration, first adopted...
Deputy Prime Minister and Minister for Finance Biman Prasad launched on 31 July the Compliance Improvement Strategy (CIS) 2025–2028 at the Fiji Revenue and Customs Service (FRCS). The CIS introduces a new web-based platform that provides easier access to tax information and services, with a focus on addressing compliance challenges in sectors such as w...
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