BY SAMIE WAIKORI
The recent qualification of Malaita province for the Provincial Capacity Development Fund (PCDF) program has a significant positive impact on its 2024/2025 revised budget estimate.
The qualification will see 35% of the province’s current revised budget, which represents $11,873,158.00 million received under the funding will incorporate into the budget.
“I am pleased to report that Malaita province was back again to access the Provincial Capacity Development Fund this year with $11,873,158.00 in capital budget.
“That indicates 35% of the total budget of $34,330,635.00 to be implemented in social and economic projects to improve the livelihoods of our communities in our five regions.
“This achievement must not detract from our strong people-centered focus to remain committed and improve our good financial governance codes of practices.
“This is the strategy for our provincial government to directly access this performance-based grant to provide more development and improve services to our people as everyone desires,” Premier Elijah Asilaua said.
He, on that note, appealed to colleague leaders assuring them that the future outlook for the province will only determine by their current decisions.
Emphasizing the need to remain committed to utilize the province’s limited financial resources for the benefit of its people.
The premier added this will be done through investing in opportunity costs in partnership with national government, development partners, private investors, non-government organizations and local resource owners.
Asilaua said the partnership will elevate the province into global development perspectives, trade, and economy to gain better tangible and intangible results to improve the lives of people in Malaita province.
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