The economic growth rate for Solomon Islands is higher than the population growth rate, but it might not be high enough.
Minister of Finance and Treasury John Maneniaru told Parliament today, effects of the country’s current medium term economic growth rate of 3-4 percent per annum will be limited by the population growth rate of 2.3 percent.
“This rate of economic growth will not be sufficient to generate substantial improvements in the living standards of Solomon Islanders,” Mr Maneniaru said.
