Solomon Islands Recovery Financing Development Policy Operation

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The Economic Reform and Recovery Development Policy Operation of Solomon Islands has an objectives of the operation are aligned with the Government’s Economic and Financial Reform Program and include: i) improved management of public expenditure and debt; ii) strengthened management of extractive industries; and iii) better conditions for private sector investment. This stand-alone operation supports continued progress of the Solomon Islands Government’s economic reform agenda in the context of a recent major natural disaster. The operation follows a successful programmatic series of two development policy operations, and precedes a possible further programmatic series of operations planned for 2015, following elections in November 2014 and finalization of a new Economic and Financial Reform Plan.