MCC-Solomon Islands Threshold Program releases inaugural Niusleta
HONIARA, SOLOMON ISLANDS (August 29, 2023) — The MCC-Solomon Islands Threshold Program (SITHP) today released its first niusleta as part of the program’s overall commitment to openness and transparency.
The SITHP Niusleta outlines progress towards the Program’s objectives of improving the tourism and forestry sectors in the Solomon Islands. The niusleta will be produced four times a year and contain updates explaining how MCC, Solomon Islands Government (SIG) and other partners are progressing toward the outcomes of the SITHP.
"The SITHP is a four-year program that was designed and implemented jointly by the SIG and the MCC to help unlock the tourism potential in Solomon Islands and make the country’s most important natural resource – trees – more sustainable, productive and equitable. The goal of the Program is to find solutions in the tourism and forestry sectors that are country-led and country-implemented, and this newsletter lists all the organizations and stakeholders involved in making decisions about the program.
"The SITHP Niusleta makes information about the program freely and publicly available to everyone and illustrates the genuine and equal partnership that exists between the MCC and Solomon Islands Government." MCC Resident Threshold Director Charles Jakosa said.
The Solomon Islands Threshold Program demonstrates accountability and transparency in various ways including by publishing the signed grant agreement between MCC and the Solomon Islands Government on the SITHP website, posting updates on social media and regular briefings with the Solomon Islands press corps.
A copy of the SITHP Niusleta - Edition 01 is available here.
About the MCC-Solomon Islands Threshold Program
The MCC-Solomon Islands Threshold Program is a four-year $20 million grant investment developed and implemented in partnership between the Government of Solomon Islands and the U.S. Government through its Millennium Challenge Corporation. The partnership agreement was signed in 2022 and is currently working to increase economic opportunity for Solomon Islanders through investing in sustainable forestry practices and its tourism sectors.
Grant funds are provided on behalf of the American people and are not loans our partners need to repay. Rather, they are investments in economic growth designed to enhance opportunities for the people of Solomon Islands. For more information visit: www.sithp.com.sb
About the Millennium Challenge Corporation
The Millennium Challenge Corporation (MCC) is an independent U.S. government agency working to reduce global poverty through economic growth. Created in 2004, MCC provides time-limited grants and assistance to countries that meet rigorous standards for good governance, fighting corruption and respecting democratic rights. For more information, visit: www.MCC.gov