The Solomon Islands economy is projected to grow at 3.3 percent, down slightly from the 3.5 percent initiallyanticipated for this year. A monetary policy statement from the Central Bank of Solomon Islands (CBSI) for last month states, the downward revision represents slowdowns in emerging economies…
The fifth Pacific Micro-finance Week has convened today in Honiara. Executive Secretary of the United Nations Capital Development Fund, Judith Karl opens the Pacific Micro-finance week this morning. Ms.
Solomon Islands economy only depends on 15 percent of crown land in the country. The Minister for Lands, Housing and Survey, Andrew Manepora’a confirmed this during his keynote address to officially launch the 2015 G’ Day Solomon Islands Great Debate in Honiara this week.
The Central Bank of Solomon Islands (CBSI) Governor, Mr Denton Rarawa is currently attending the 2015 Alliance for Financial Inclusion (AFI) Global Policy Forum in Mozambique, Africa.
Australia and Solomon Islands has agreed to a new focus on promoting economic growth at the annual Solomon Islands-Australia High Level consultations this week.
Pressure group, the Malaita Ma’asina Forum (MMF) has said the implementation of major projects earmarked for Malaita Province will provide more employment for Malaitans.
The Central Bank of Solomon Islands (CBSI) has rescinded the conditional approval it gave to BSP to acquire Westpac Banking Corporation Solomon Islands. CBSI confirmed to SIBC News it made the decision on May 29th this year.
Prime Minister Hon. Manasseh Sogavare said the Democratic Coalition for Change Government (DCCG) is fully conscious of the fact that sustainable economic growth is the only guarantee to a reasonable standard of living for Solomon Islands.
The Solomon Islands National Provident Fund (SINPF) continues to face challenge prone to small economies – where viable investment opportunities are scarce, said NPF Board Member Gideon Zoloveke. Mr Zoloveke made the statement during the recent announcement of the NPF crediting rate for this year.
The Democratic Coalition for Change (DCC) Government has recorded a major surplus of more than $364 million in the first quarter of this year. Finance and Treasury Minister, Hon Snyder Rini announced this while briefing the Honourable Prime Minister, Manasseh Sogavare, yesterday.
Solomon Islands has become one of the leading Pacific nations to adopt a new financial promotional initiative of the Alliance for Financial Inclusion (AFI) “Dili Consensus”.
Government consultations on its proposed Free Economic Zone Bill began in Honiara today. The Bill is expected to be tabled in Parliament this year. A statement from the Government Communications Unit says outcomes from this consultation will form the basis of the bill’s draft.
Prime Minister Manasseh Sogavare said the ultimate goal of the Democratic Coalition for Change (DCC) Government is to set a foundation to work together and pull the country out of the self-created economic inferiority to a sustainable path.
Solomon Islands 2015 economic performance has been associated with various risks. The International Monetary Fund (IMF) revealed this in its Asia and Pacific economic outlook for this month.
Democratic Coalition for Change Government’s front man, Prime Minister Manasseh Sogavare has promised, a new legislation is being drafted. Mr Sogavare says the legislation aims to create free economic zones in strategic locations around the country.
Minister of Finance and Treasury Snyder Rini has assured Parliament the government has the political will to implement the 2015 budget. Minister Rini made the assurance during debate on the 2015 budget on Monday.
The Government will revive the Development Bank of Solomon Islands. A consultant engaged by the DCC Government to review the project announced this at the launching of the second phase of the Rural Development Project today.
The National debt now stands at only 11 percent of the country’s gross domestic product, says Finance Minister Snyder Rini. This is a total of $850.8 million in both domestic and overseas debt. Minister Rini announced the country’s debt situation in Parliament on Monday.
The Prime Minister has pledged commitment to maintain 20 percent of the total annual budget for the education sector in the next four years. Mr Sogavare made the pledge in his keynote address at the Solomon Islands National University graduation ceremony last Friday, which saw hundreds of students…
The Finance Minister has criticised the Public Accounts Committee saying he was surprised at some of the organisations the Committee had invited to answer questions during its hearings.
