THE Malaita Provincial Government has projected to collect a total revenue of $6,827,135 for the current fiscal year.
Minister for Finance, Lemuel Kevianga stated made this projection during his speech on the floor of the Malaita Provincial Assembly this week.
However, he noted that there is still considerable work to be done to ensure that all internal revenue sources are properly registered and supported by the planned review of the province’s business ordinances.
“There is an urgent need to address ongoing illegal business operations across all wards, which must be registered promptly. This will help increase tax collections for the provincial government,” Minister Kevianga said.
He also pointed out the importance of creating a strong network between local business owners, ward development committees, the provincial administration, and the assembly.
“This collaboration will help unlock the revenue potential the province has been missing out on in recent years.
“We all need to work together—local business owners, ward development committees, provincial administration, and the assembly—to fully realize the revenue potential this province has been forgoing,” Kevianga added.
The Minister also announced a 6% increase in revenue collection for the upcoming fiscal year, with projected revenue rising to $4,716,271 for FY 2024/2025, compared to $4,424,354 in FY 2023/2024.
In addition, Kevianga called on Members of the Provincial Assembly (MPAs) to collaborate more closely with ward development committees and ward support officers to identify and secure potential revenue sources in their respective wards.
By SOLOMON LOFANA
Solomon Star, Auki
