Category Economy

Government Drilling Program Resumes

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Government Drilling Program ResumesGovernment through the Water Resources Division at the Ministry of Mines, Energy and Rural Electrification (MMERE) has resumed the vital Drilling Services Program. The previous Program was closed during the height of the ethnic tension when all…

“Mismatch” news article utterly misleading

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The Solomon Star front-page news item on April 3 that claimed the 2021 Budget does not match the Government’s policy redirection is incorrect and the reporter’s analysis was misleading. In a statement today, the Government reminded the media and public…

2021 revenue estimates sits above $3 billion

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The Minister of Finance and Treasury Harry Kuma has revealed a total revenue estimate of SB$3.710 billion for 2021 in his budget speech in parliament Tuesday this week. This consists of $3.009 billion in normal SIG revenue; $360 million is…

Gov’t takes drastic decision to reduce overall expenditure

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THE Government has taken a drastic decision to reduce overall expenditure from normal SIG revenue sources in order to maintain fiscal stability and affordability of the Government fiscal plan in 2021.   Finance Minister Hon Harry Kuma highlighted this during his…

Beware of con artists: ESP Committee warns public

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It has come to the attention of the Economic Stimulus Package Committee that certain individuals and/or groups are currently going around and claimed they work for the Government and took responsibility to facilitate ESP applications. This week, the committee had…

NATIONAL BUDGET THEME UNVEILED

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The National Government has unveiled the 2021 National Budget Theme: “Towards a Path to Economic Recovery: Advancing Growth and Services Delivery Through Better Partnerships”. The Government aims to implement this theme under the two overarching redirection policy commitments, which aims…

ESP UPDATE: Gov’t injects additional $150k into Coconut industry

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The Government has yesterday signed another agreement with Kokonut Pacific for an injection of a total of SBD150 000 under the Economic Stimulus Package initiative. Speaking following the signing ceremony, Managing Director of kokonut pacific, Mr. Bob Pollard expressed his…

2021 Budget will focus on key areas: PS Dentana

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THE Government’s 2021 Budget will be more focused on key priority areas and critical sectors. Speaking during the talk back show on Sunday, Permanent Secretary of the Ministry of Finance & Treasury Mckinnie Dentana said the Budget Strategy was launched,…

ESP funds remain intact: PM

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PRIME Minister Manasseh Sogavare has reaffirmed that funds for the Economic Stimulus Package remains intact for all approved projects. Speaking during his nationwide address today, the Prime Minister said assessment and payments of approved recipients, which resumed last week has…