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Tuesday, October 21, 2008

Solomon's Ministry of Rural Development says $8.2million livelihood funding has been dispursed

The Solomon's Ministry of Rural Development has spent more than eight-point-two million dollars from it's 50-million dollars Livelihood funding.

Deputy Prime Minister and Minister for Rural Development Fred Fono was responding to criticisms that there has been little or no signs of the money being pumped into rural areas.

But Mr Fono says that under the government's rural development policy, a lot of projects are being funded under his ministry.

He says that out of the 50 constituencies, only 28 have so far had projects funded totaling more than eight-million dollars.

Mr Fono says other constituencies will have their projects funded soon.

He says the delay in disbursing money to projects and the delay in endorsement of projects is holding up the implementation of the policy but is optimistic a lot more projects for other constituencies will be funded before the end of the year.

Mr Fono says other funding through other ministries will have projects handed over in the next few days while the funding under the ministry of Fisheries, project proposals are being screened.

He says the government is looking at diverting all funds meant for rural area developments come under one ministry in the future.

Source: SIBC

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