The World Bank and the government of Solomon Islands have signed a two million US dollar agreement to boost the economy and support effective service delivery.
The World Bank vice president for East Asia and the Pacific, Pamela Cox, says the grant will help take forward the reforms of recent years and deliver better services and poverty reduction for all Solomon Islanders.
The grant supports reforms that will help improve the budget process, make it more consultative and encourage civil society involvement.
It will also help strengthen financial management of state owned enterprises in the water and electricity sectors.
In addition the funding will support the Government's efforts to provide clearer information about mining revenues, as they look to achieve compliance with the Extractive Industries Transparency Initiative.