Malaita Premier Hon. Peter Chanel Ramohia has assured, his government will pay off the $8 million debt incurred by past provincial governments. Mr Ramohia who recently survived a vote of confidence said the Ministry of Provincial Government and Institutional Strengthening has provided his…
The Premier of Malaita Province, Peter Chanel Ramohia has called for support from the people of Malaita province to engage in solutions to address issues currently faced by the province. Premier Ramohia was referring to issues relating to what was termed as ‘illegal borrowing’ by his government.
The Ministry of Finance and Treasury confirms the 2016 Mid-Year Budget Review has been tabled in Parliament. The announcement was made yesterday clarify Opposition claims, the Minister of Finance and Treasury may have breached the Public Finance Management, PFM Act by not tabling the report.
The Parliamentary Opposition Group stands by its view that the Minister of Finance has breached section 52(1)(a) of the Public Finance Management Act –PFM.
The Western Provincial Assembly has passed its 2016-2017 budget. Station Manager of Radio Hapi Lagun Sina Adrian reports. “The Western Provincial Assembly in its session last week passed the 2016-2017 budget after its second assembly session held in Munda this year.
The Parliamentary Opposition Group says the Minister of Finance and Treasury may be in breach of section 52(1)(a) of the Public Finance Management Act 2013, which requires him to table the mid-year review report on the execution of the 2016 budget within seven months from the start of the financial…
By 2020, 300,000 Solomon Islanders should have access to financial services including commercial banks and semi-formal financial services in the country. This was according to Mrs. Caroline Kanoko, Manager of the National Financial Inclusion Unit at the Central Bank of Solomon Islands (CBSI).
The National Risk Assessment (NRA) workshop recently undertaken in Honiara is crucial especially in terms of joining the global effort in combating money laundering and the financing of terrorism and proliferation activities.
The Minister of Finance and Treasury, Hon. Snyder Rini has said the 10 percent crediting rate recently awarded to members of the National Provident Fund (NPF) is equivalent to $209 million in interest.
The Government, through the Ministry of Finance and Treasury as Ministry accountable and responsible for Solomon Airlines, condemns the action of its Chief Executive Officer, Captain Ron Sumsum to shut down Solomon Airlines today and halt all flights for both domestic and international service.
The Ministry of Finance and Treasury has welcomed the call by the Parliamentary Opposition, urging the government to carry out an audit in each of the Government Ministries following numerous claims that ‘ghost’ companies have embezzled millions of dollars from the state coffers.
A consultative workshop on inclusive insurance has ended successfully in Honiara. Organised by the National Financial Inclusive Taskforce of the Central Bank of Solomon Islands (CBSI), the workshop aims to raise discussions among key stakeholders on how inclusive insurance can be embedded into…
The Parliamentary Accounts and Administration is preparing to consult the Ministry of Finance, Inland Revenue Division and the Attorney General regarding the course of action to be taken to implement the deduction of tax payment on Members of Parliament salaries contained in the Member of…
A first ever training workshop on Digital Financial Services for senior officials from commercial banks and mobile network operators in the Pacific region will be hosted by the Pacific Financial Inclusion Programme (PFIP) in Solomon Islands next week.
Senior government officials who attended the recent consultation workshop on financial inclusion have agreed that integration over the current financial inclusion into government work programs is needed.
The Central Bank of Solomon Islands (CBSI) and the Pacific Financial Inclusion Program (PFIP) have successfully conducted a Financial Inclusion consultation workshop for Senior Government Officials at the Heritage Park hotel yesterday.
The Finance Minister Snyder Rini has voiced in Parliament a detailed overview of the 2015 Supplementary Appropriation Bill today. Finance Minister Rini adds, parliament is to consider drawing out key spending components under the bill, contingency warrants and advance warrants and also additional…
The Minister of Finance and Treasury, Hon. Snyder Rini has defended the government’s use of Contingency Warrant to meet the costs of hosting the 20th Melanesian Spearhead Group Summit and the Solomon Islands sports contingent to the 15th Pacific Games in Papua New Guinea. Mr.
The country’s real Gross Domestic Product (GDP) for this year has slightly dropped by a quarter percent during the delivery of the 2015 budget. Permanent Secretary of the Ministry of Finance and Treasury, Harry Kuma informed the Public Accounts Committee (PAC) hearing today.
The Pacific Association of Supreme Audit Institutions (PASAI) has supported the government in reconciling its financial accounts. Key government officials locked discussions on the roles played by Members of Parliament in overseeing the administration of public funds.
