Solomon Islands has inked a Development Policy Loan with Japan’s International Cooperation Agency (JICA) to shore up fiscal stability and economic resilience, deepening ties between the two nations.
Foreign Minister Hon. Rick Houenipwela signed the agreement in Tokyo, calling it a key step in advancing the Government’s reform agenda.
“This initiative supports our commitment to strengthening governance, advancing sound fiscal reforms and building a more resilient and inclusive economy,” he said.
The partnership, he added, aligns with the Government’s four priorities: strong institutions, a productive economy, stewardship of natural wealth, and investment in people.
JICA President Akihiko Tanaka reaffirmed Japan’s backing, describing the priorities as “a clear and forward-looking vision” for Solomon Islands.
“We believe this project will strengthen the institutional and fiscal foundations needed to advance these priorities and support sustainable development,” he said.
Tanaka highlighted JICA’s nearly 50-year presence in Solomon Islands across infrastructure, natural resource management and public investment systems, adding: “Japan remains a trusted partner supporting the Government’s reform efforts and development aspirations.”
Minister Houenipwela welcomed the continued support, describing Japan as a reliable partner through both challenges and opportunities.
 He said the agreement will further strengthen bilateral ties and deliver lasting benefits for Solomon Islanders.
Both sides expressed confidence the partnership will contribute to a more resilient, inclusive and prosperous future for Solomon Islands.
