Category: Economy

PM Manele opens National Economic Summit with a call to seriously grow the national economy
Economy

PM Manele opens National Economic Summit with a call to seriously grow the national economy

Fredrick Kusu- July 31, 2024

Prime Minister Jeremiah Manele opened the National Economic Summit currently underway in Honiara today with a call on key stakeholders to uncover innovative approaches to ... Read More

PM Manele eyes economic reform
Economy

PM Manele eyes economic reform

Fredrick Kusu- May 3, 2024

By Simon Tavake The Government for National Unity and Transformation has announced its strong commitment to addressing the country’s weak economy. Prime Minister Jeremiah Manele ... Read More

4.1 percent GDP growth projection for Solomon Islands in 2024
Economy

4.1 percent GDP growth projection for Solomon Islands in 2024

Fredrick Kusu- April 12, 2024

By Sharon Nanau Preliminary data shows that the Solomon Islands Gross Domestic Product (GDP) is projected to grow by 4.1 percent in 2024. While the ... Read More

Mesepitu: Committee in place to monitor businesses reserved for locals
Business

Mesepitu: Committee in place to monitor businesses reserved for locals

Fredrick Kusu- March 25, 2024

By Sharon Nanau A monitoring process is in place to ensure certain business activities that are reserved for locals are not operated by foreigners. In ... Read More

CBSI maintains tight policy stance in response to inflationary pressures within the economy
Economy

CBSI maintains tight policy stance in response to inflationary pressures within the economy

Fredrick Kusu- March 12, 2024

Following its meeting on 12th March 2024, the Board of the Central Bank of Solomon Islands (CBSI) has decided to maintain a tight monetary policy ... Read More

World Bank report projects a 2.8 percent growth for Solomon Islands in 2024
Economy

World Bank report projects a 2.8 percent growth for Solomon Islands in 2024

Fredrick Kusu- March 7, 2024

By Ian Kaukui Pacific island countries’ economies are expected to see slower growth in 2024 and 2025 driven by COVID-19 pandemic recovery fades and fiscal ... Read More

Public Investment Management (PIM) Reform launched
Economy

Public Investment Management (PIM) Reform launched

Sharon Nanau- March 4, 2024

The Ministry of Finance and Treasury (MoFT) and the Ministry of National Planning and Development Coordination (MNPDC) in collaboration with the Office of the Prime ... Read More