Catalog

	Table of Contents
p. 29 of 46 BACK | NEXT Moving the Poverty Reduction Agenda Forward: Priorities and Outcomes Strategic Priorities Crosscutting Strategic Themes Regional Perspectives East and Central Asia Mekong The Pacific Cook Islands Fiji Islands Kiribati Marshall Islands Federated States of Micronesia Nauru Papua New Guinea Samoa Solomon Island Timor-Leste Tonga Tuvalu Vanuatu South Asia Southeast Asia

Annual Report 2003 : Moving the Poverty Reduction Agenda Forward: Priorities and Outcomes : The Pacific

---

Solomon Islands

Strategy and Policy Dialogue.
The Regional Assistance Mission to Solomon Islands in the field since July 2003 helped restore law and order and fiscal discipline. The key challenge facing the Government and its development partners is how best to use this opportunity to tackle the underlying causes of conflict; to address fundamental structural constraints in the economy; and to build credible, capable national and provincial public institutions. Major challenges included shifting the overall focus from short-term stabilization toward a medium- and long-term roadmap; building capacity; strengthening donor coordination between the Government and donors and among donors; and ensuring pro-poor, private sector-led economic growth.

Because of overdue and outstanding arrears and in compliance with financial policies, ADB suspended operations in Solomon Islands in February 2002. However, the Government of Australia settled the arrears in September 2003, and ADB responded by fielding a mission the following month with the World Bank to assess the situation and to propose ways to resume assistance. ADB supported the Government's decision not to borrow further until finances stabilized. As confirmed at the international donor meeting in Honiara in November 2003, ADB reactivated its Post-Conflict Emergency Rehabilitation Project to restore damaged infrastructure. A new CSPU that supports the Government’s implementation of its National Economic Recovery, Reform and Development Plan 2003–2006 will be developed during country programming in early 2004.

In December 2003, ADB signed a PPA with the Government.

Loans and Technical Assistance.
No loans or technical assistance projects were approved in 2003.

Top

Back Samoa	Next Timor-Leste