Economy Archive March 2014

The Solomon Island Visitors Bureau (SIVB) CEO, Josefa ‘Jo’ Tuamoto has echoed his South Pacific Tourism Organisation (SPTO) counterpart’s comments underlining the role data and statistics can play in determining a country’s economic direction.

The Permanent Secretary of Finance and Treasury, Mr Shadrach Fanega on Friday has confirmed that the implementation of the Constituency Development Funds (CDF) will be done in accordance with the requirements of the new Public Financial Management Act (PMFA) and its subsidiary financial instruments.

The Solomon Islands’ national power utility is getting an extra SBD$100m to improve its power networks for residents.