Consolidating SOE control under MOFT Minister: A path to profitability for SI

SOLOMON Islands is considering a significant reform to its State-Owned Enterprises (SOE) Act, proposing to consolidate control of SOEs under the Minister of Finance and Treasury. This shift would replace the current system where multiple ministers oversee various SOEs. The proposal has sparked debate, with organizations such as Transparency International voicing concerns. However, this reform…

MPs should create development opportunities

IN Solomon Islands, I have noticed a concerning trend: many Members of Parliament (MPs) focus heavily on the Constituency Development Fund (CDF), while neglecting their broader responsibilities, especially those related to creating real opportunities for economic empowerment and development.  The CDF, designed as a financial tool to support grassroots development, has unfortunately become a magnet for…

Pacific energy regulators must unite for clean energy

By Rafayil Abbasov,  ADB Senior Energy Specialist The Pacific region confronts significant challenges in energy regulation that require a unified approach to capacity building, information sharing, and policy harmonization. These efforts are vital to enabling the transition to sustainable energy and ensuring energy security. The Pacific region is acutely vulnerable to the impacts of climate…