$2.34-billion CDF racket

THE nation’s 50 Constituencies raked in more than $2.34 billion in grants from the Constituency Development Fund (CDF) in the eight years to 2022, according to the latest figures on disbursements. According to the Permanent Secretary of the Ministry of Rural Development (MRD), Samson Viulu, this year alone each Constituency received $6.8 million, which include…

MONETARY POLICY STANCE FOR SEPTEMBER 2022

At its monetary policy meeting on 22nd September 2022, the Board of the Central Bank of Solomon Islands decided to adopt an accommodative monetary policy stance, geared more towards taming inflation for the next six months.  The decision follows the need to continuously support a durable recovery while ensuring that inflation remains intact going forward.  Economic…

SOLOMON PORTS TO PROVIDE TRAFFIC LIGHTS FOR HONIARA CITY

Solomon Ports today signed a memorandum of  understanding with the Ministry of Infrastructure  Development (MID) for the provision of Traffic Lights,  warning sign boards, and road markings for Honiara City.  The signing was conducted by SIPA’s Chief Executive  officer Mr. Eranda Kotelawala, and the Permanent  Secretary of MID Mr. Stephen Maesiola at MID’s  headquarters in…

GOV’T COMMITS TO SMOOTH DELIVERY OF EU-PROVINCIAL GOVERNANCE SERVICE DELIVERY PROJECT

The National Government through the Ministry of Provincial Government is committed to coordinate with all implementing partners for the smooth delivery of the new EU-funded provincial governance and service delivery project. The new EU-funded provincial governance and service delivery project, funded under EU cooperation through the European Development Fund (EDF), was launched at the Heritage…