BY LORETTA B MANELE
Prime Minister Jeremiah Manele has recently met with Acting Director General of the Kuwait Fund for Arab Economic Development; renewing Solomon Islands cooperation with the Middle Eastern country.
In a recent press conference, he gave a brief take on this when speaking to local journalists.
Manele explained that while at the OPEC Fund Development Forum, in Vienna, Austria last month, he had a productive bilateral meeting with the Acting Director General of the Kuwait Fund for Arab Economic Development, Waleed S. Al-Bahar.
“This meeting renewed our longstanding cooperation with the Kuwait Fund, which dates back over 30 years, notably in infrastructure projects such as the development of Henderson Airport and road improvements in Honiara,” he said.
Manele said they discussed opportunities to re-engage with the Fund to support priority sectors including infrastructure, health and education.
“I welcomed their offer for technical assistance and soft loans and instructed relevant ministries to advance these discussions,” he said.
Manele also stated that it is important to stress that these talks remain exploratory, with no new borrowing commitments at this stage and that public debt remains well within sustainable limits.
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