The Solomon Islands’ National Development Strategy 2016–2035 (NDS) aims to improve the social and economic livelihoods of all Solomon Islanders, with five headline objectives and 15 medium-term strategies. Its successful implementation requires policies, partnerships and an enabling environment to help mobilise public and private finance.
The government therefore initiated a development finance assessment (DFA), which formed the basis for the Solomon Islands Integrated Financing Framework (SIIFF). The SIIF is an integrated, holistic framework for financing the NDS. It will play an important role in supporting the country’s smooth transition from Least Developed Country (LDC) to Middle Income Country (MIC) status, a process that presents its own unique financing challenges.