The Government of the Republic China (Taiwan) is releasing two new payments to the Solomon Islands Government.
The Taiwanese Ambassador to Solomon Islands, His Excellency Roger Luo today presided over the signing of documents conveying the release of the payments by Prime Minister Hon Manasseh Sogavare.
The brief signing ceremony was held in the Prime Minister’s Office.
The first payment is worth SBD$20-Million and is part of the Taiwanese Government’s support for rural constituency development commonly known as RSCD (Republic of China Support for Constituency Development).
SBD4-Million of the payment will go towards the 2016 RCDF Third Tranche payment for one Constituency, $SBD10.50-Million for 2017 First Tranche payment for 35 Constituencies and SBD$9.60-Million for 2017 RSCD for 24 Constituencies.
The second payment, worth SBD$11.40-Million, will go towards various causes which the Prime Minister will later announce.
Ambassador Luo said the Taiwanese Government is committed to assisting the Solomon Islands Government in its effort to take development right down to villages nationwide and other efforts that will positively impact the lives of Solomon Islanders.
Prime Minister Sogavare expressed profound gratitude on behalf of the Solomon Islands Government and People to the Government and People of the Republic of China for providing assistance to Solomon Islands in areas that matter the most.