Transparency Solomon Islands has concluded a Constituency Development Fund workshop in Tamboko, North West Guadalcanal. The workshop wanted to help people understand more about Constituency Development Funds in Solomon Islands.
Solomon Islands is in desperate need of a savings culture – says the CEO of Pan Oceanic Bank, Nihal Kekulawala. Mr Kekulawala made the statement this morning when launching the Bank’s Pikinini Savings Gift scheme in Honiara. He said Solomon Islands does not have a strong savings culture.
The Pan Oceanic Bank (POB) will tomorrow launch its inaugural ‘Pikinini Savings Gift Scheme’. POB’s Chief Executive Officer, Nihal Kekulawala told SIBC News, as a locally incorporated bank, it endeavours to inculcate savings habits among Solomon Islands children.
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”.
The Central Bank of Solomon Islands (CBSI) in partnership with the Pacific Financial Inclusion Programme (PFIP) have successfully completed a three-day training on Digital Financial Services (DFS).
Solomon Islands now needs to develop a clear Digital Financial Services (DFS) roadmap if it wants to take advantage of the rapid intake of DFS discovered in the past two years in order to meet customer’s needs. Stakeholders at a recent workshop on DFS were told in Honiara.
An Isabel man has called on the Government to declare how it has spent funds meant for victims of the April flash floods. Landry Losi told SIBC News he is concerned following so many complaints raised by flood victims that authorities are slow in their response to assist them.
Ministry of Finance and Treasury warns suppliers, contractors and service providers undertaking contractual obligations with the Government to comply with the 2013 procurement rules or risk non-payment for their services.
Permanent Secretary of Finance and Treasury, Fred Fakarii said State-Owned Enterprise delivers vital services to the people and the economy. Mr Fakarii was speaking to open the12th State-Owned Enterprise Forum at the Heritage Park Hotel yesterday.
The 2015 budget has been passed by Parliament. A total of $4 billion, $60 million, $253,863.00 promises major reform programs and services for the people of Solomon Islands and lay foundations for future growth.Parliament appropriated the 2015 budget to the service of the year ending 31st December…
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.
Finance Minister Snyder Rini has declared he has not failed Malaita Province. Minister Rini made the statement in Parliament on Monday, in response to a newspaper article headlined “Rini fails Malaita”. But he told Parliament “this Minister of Finance has not failed Malaita”.
The Government has not received any application for the Auditor General’s position. The post was left vacant after former Auditor General Edward Ronia was sacked by the last government. Prime Minister Manasseh Sogavare told Parliament today no one applied for the post when it was advertised.
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 Leader of Opposition has criticised the Government’s allocation of $8.8 million to coconut and cocoa programs in this year’s national budget saying it is not enough for rural farmers. The Opposition leader points out, the productive sector is crucial to the economy.
The 2015 Budget will require no additional borrowing by the Government. This is revealed by the Minister of Finance and Treasury, Snider Rini. Mr Rini explains, the budget is fully funded through the combination of domestic revenue, external budget support and cash reserves that successive…
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.
Leader of Opposition Honorable Jeremiah Manele has acknowledged the 33 percent increase in basic education funding to meet operational expenditures of Early Childhood Education, Primary, Secondary and Rural Training Centres throughout the country.
The Leader of the Parliamentary Independent Group, Manasseh Maelanga said once the 2015 budget is passed, clean execution of the development aspirations of the people must be realized. Mr. Maelanga made the statement when commenting on the 2015 budget in parliament on Wednesday.
