THE Solomon Islands has signed a loan deal with Japan to support fiscal stability and economic resilience, as it pushes ahead with reforms to strengthen governance and broaden growth.
Foreign Affairs and External Trade Minister Rick Houenipwela signed the agreement in Tokyo, calling it a key step in advancing the government’s reform agenda.
He said the initiative would help the Solomon Islands strengthen governance, advance sound fiscal reforms and build “a more resilient and inclusive economy.”
The loan forms part of Solomon Islands’ wider economic programme and aligns with four government priorities: stronger institutions, a productive economy, stewardship of natural wealth and greater investment in people.
Houenipwela welcomed the continued backing, describing Japan as a reliable partner through both challenges and opportunities.
JICA President Akihiko Tanaka said Japan remained committed to supporting those goals, describing them as “a clear and forward-looking vision” for the Solomon Islands.
He said the project would help reinforce “the institutional and fiscal foundations” needed to advance the country’s development agenda and support sustainable development.
Tanaka said JICA had supported Solomon Islands for nearly 50 years through work spanning infrastructure, natural resource management and public investment systems.
Both sides said the agreement would deepen bilateral ties and help deliver long-term benefits for Solomon Islanders.
