BY JOSES SAREN
The country is generating only around 2,000 formal jobs a year while roughly 9,000 young people enter the labour market annually, the Solomon Islands Economic Update has found.
World Bank Senior Country Economist Marko Kwaramba said this during the launch of World Bank’s Solomon Islands Economic Update at SINU today.
He said the labour market is moving in the wrong direction, with workers shifting back into subsistence agriculture instead of higher-value jobs.
The report found that labour force participation declined between 2009 and 2019, while unemployment rose from 2.3 percent to 7.9 percent over the same period.
Youth unemployment stood at 14.5 percent, and the report projected Solomon Islands’ youth population will reach 200,000 by 2035, the highest in the Pacific.
“Instead of the country witnessing a structural transformation, it’s actually witnessing what you call the reversal of structural transformation,” Kwaramba said.
The report also cited a 2025 World Bank Enterprise Survey showing employment growth among firms fell to 5.1 percent, down from 12 percent in 2015 and now below the regional average.
World Bank Country Representative Bernard Harborne said the private sector remained too “captured”, calling for space to be freed up for growth in agriculture, fisheries, and tourism.
The report recommended lowering the cost of formality and investment, expanding access to finance for productive sectors, and supporting job-creating diversification through infrastructure such as roads and electricity.
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BY JOSES SAREN
The World Bank launched the Solomon Islands Economic Update at Solomon Islands National University’s Kukum Lecture Theatre today.
The report, titled “Harnessing the New Roots of Growth,” found that the economy grew by 3.6 percent in 2025, continuing a rebound after three years of contraction but remains narrow and fragile, the report said.
Acting Permanent Secretary for Finance and Treasury Coswal Nelson delivered the Ministry of Finance and Treasury’s statement, saying growth “must translate into jobs, income, better services, and stronger resilience for Solomon Islanders.”
World Bank Country Representative Bernard Harborne told the gathering the country was “at a crossroads,” welcoming what he called a “not business as usual” approach from the government.
Harborne announced that the World Bank will release a poverty report in September, based on the Household Income and Expenditure Survey, followed by a private sector report in October or November.
SINU Vice-Chancellor Transform Aqorau said the university wanted to provide a space for our country to gather and discuss these issues.
World Bank Senior Country Economist Marko Kwaramba presented the report’s findings, revealing public debt has quadrupled in less than a decade and now sits at 29.5 percent of GDP, while the fiscal deficit widened to 3.8 percent of GDP in 2025.
The launch featured a moderated panel discussion with Central Bank of Solomon Islands Governor Dr Forau, SINU’s Professor Kapila Mallah, SICCI CEO James Dolarii, YECSI chairman Limahl Totogi, and Economic Association of Solomon Islands representative Reuben Tovutovu.
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Guadalcanal Travel Solomons (GTS) has officially opened its second branch, located at Henderson, Guadalcanal, marking what the company describes as an important milestone in its growth.
Read more: https://www.solomonstarnews.com/guadalcanal-travel-solomon.../
By ULUTAH GINASolomon Star, HawaiiFIVE Solomon Islanders are among Pacific representatives taking part in a regional workshop in Honolulu aimed at strengthening democratic institutions, good governance and private-sector development across the region.They are; Solomon Islands Women in Business (SIWIBA) Julie Haro President of SIWIBA, SIWIBA Chief Executive Officer [CEO] Dr. Donna Marie Wate, Acting CEO Jessiaca Sutarara Warahiru, Melinda Kii -Cabinet Monitoring Cabinet Committee (CMCC) Prime Minister's Office (PMO), Emmanau Mayan from the Western Provincial Government [WPG] and Solomon Star’s Gizo-based Reporter Gina.The five-day programme, hosted by the Center for International Private Enterprise (CIPE) is underway this week.It runs from Monday August 17 to Friday August 22. A total of 20 participants from Solomon Islands, Fiji and Samoa are part of the workshop.The aim of the workshop is to exchange experiences and discuss shared challenges affecting democratic and economic development in the Pacific.It provides participants with an opportunity to examine ways of strengthening good governance, expanding private-sector opportunities, supporting economic development and increasing public participation in decision-making.It further focuses on strengthening democratic institutions and creating greater opportunities for people to participate in economic and public affairs.For the Solomon Islands participants, the workshop provides an opportunity to share experiences from home while learning from the experiences of other Pacific countries.The regional gathering is also expected to strengthen networks among participants and create opportunities for future cooperation across the Pacific.CIPE was established in the United States in 1983 and works with business leaders, policymakers and civil society organisations to promote democratic and economic reforms.Its areas of work include private-sector development, entrepreneurship, good governance, anti-corruption, corporate governance, business associations, access to information, property rights, and the participation of women and young people.The organisation promotes the role of a strong private sector and accountable democratic institutions in supporting sustainable economic growth and creating greater economic opportunities.The discussions are particularly relevant to Solomon Islands as the country continues to face challenges around economic development, employment, institutional strengthening and wider participation in economic and public affairs.Participants from the three Pacific countries are also expected to discuss common challenges facing small island economies, including limited markets, geographic isolation and restricted economic opportunities.The workshop is expected to equip participants with new knowledge, regional connections and practical ideas that can be applied in their respective countries.For Solomon Islands, the participation provides an opportunity to bring home regional perspectives and experiences that could contribute to future discussions on inclusive economic development, stronger institutions and good governance.Ends///
作者:ULUTAH GINA所罗门星报,夏威夷五名所罗门岛人是参加在檀香山举行的区域研讨会的太平洋代表之一,旨在加强该地区的民主机构、良好治理和私营部门发展。他们分别是:所罗门群岛商业女性协会(SIWIBA)主席朱莉·哈罗(Julie Haro)、SIWIBA首席执行官(CEO)唐娜·玛丽·瓦特(Dr. Donna Marie Wate)、代理首席执行官杰西卡·苏塔拉拉·瓦拉希鲁(Jessiaca Sutarara Warahiru)、梅琳达·基(Melinda Kii)——内阁监测内阁委员会(CMCC)总理办公室(PMO)、来自西部省政府(WPG)的埃曼努·马扬(Emmanau Mayan)以及所罗门星报基佐记者吉娜(Gina)。为期五天的项目由国际私人企业中心(CIPE)主办,本周正在进行中。研讨会从8月17日(星期一)持续到8月22日(星期五)。共有来自所罗门群岛、斐济和萨摩亚的20名参与者参加了此次研讨会。研讨会的目的是交流经验,讨论影响太平洋地区民主和经济发展的共同挑战。它为参与者提供了一个机会,审视加强良好治理、扩大私营部门机会、支持经济发展和增加公众参与决策的方式。研讨会进一步关注加强民主机构,创造更多机会让人们参与经济和公共事务。对于所罗门群岛的参与者来说,研讨会提供了一个分享本国经验的机会,同时学习其他太平洋国家的经验。此次区域聚会还预计将加强参与者之间的网络联系,并创造未来在太平洋地区合作的机会。CIPE成立于1983年,总部位于美国,与商业领袖、政策制定者和民间社会组织合作,推动民主和经济改革。其工作领域包括私营部门发展、创业、良好治理、反腐败、公司治理、商业协会、信息获取、财产权以及女性和年轻人的参与。该组织促进强大的私营部门和负责任的民主机构在支持可持续经济增长和创造更大经济机会方面的作用。这些讨论对所罗门群岛尤其相关,因为该国仍然面临经济发展、就业、机构强化和更广泛参与经济和公共事务的挑战。来自三个太平洋国家的参与者还预计将讨论小岛经济面临的共同挑战,包括市场有限、地理隔离和经济机会受限。研讨会预计将为参与者提供新的知识、区域联系和可在各自国家应用的实用想法。对于所罗门群岛而言,参与提供了一个机会,将区域视角和经验带回家,这可能有助于未来关于包容性经济发展、加强机构和良好治理的讨论。结束///
The Solomon Islands economy is increasingly dependent on mining, with minerals accounting for 53% of total exports in 2025, up from just 4% in 2019. Because of this the World Bank is warning that mining revenues must be managed transparently and invested in ways that strengthen public finances and protect the country from future economic shocks. The World Bank’s August 2026 Solomon Islands Economic Update, titled “Harnessing the New Roots of Growth,” said the country’s shift from logging to mining has reshaped the economy but has not yet created a broad-based economic recovery. The report recommends strengthening mining governance, improving revenue collection, reducing tax exemptions and considering the establishment of a sovereign wealth fund so that mineral revenues can be converted into long-term national assets. The warning comes as government finances remain under pressure, with cash reserves covering less than one month of government spending, while public debt reached about 30% of GDP in 2025. The World Bank says mining provides an important opportunity, but Solomon Islands must avoid simply replacing one extractive sector with another. The key question for policymakers is whether the current mining boom can be transformed into investment in infrastructure, jobs and productive sectors that will benefit Solomon Islanders long after mineral resources decline. The report is set for its official launch Tuesday morning - 18th August. //end//
所罗门群岛的经济日益依赖矿业,矿产在2025年占总出口的53%,而2019年仅占4%。因此,世界银行警告,矿业收入必须透明管理,并以增强公共财政和保护国家免受未来经济冲击的方式进行投资。世界银行2026年8月发布的《所罗门群岛经济更新》报告,题为《利用新增长根源》(“Harnessing the New Roots of Growth”),指出国家从伐木转向矿业重塑了经济,但尚未创造出广泛的经济复苏。报告建议加强矿业治理、改善收入征收、减少税收豁免,并考虑建立主权财富基金,以便将矿产收入转化为长期国家资产。随着政府财政承压,现金储备不足一个月的政府支出,而公共债务在2025年达到约30%的GDP,警告随之而来。世界银行表示,矿业提供了重要机会,但所罗门群岛必须避免简单地用另一个开采行业取而代之。政策制定者面临的关键问题是,当前的矿业繁荣是否能转化为基础设施、就业和生产性部门的投资,从而使所罗门群岛人民在矿产资源衰退后仍能受益。报告定于8月18日星期二正式发布。//结束//
JOBS GAP, PRIVATESECTOR GROWTH9,000 Young Solomon Islanders Enter Workforce Each Year, But Only 2,100 Jobs CreatedBy John ChrismaSolomon Star, HoniaraThe World Bank’s economic update for Solomon Islands highlights a growing employment challenge with around 9,000 young people entering the labour market annually, while only about 2,100 jobs are being created.The report argues that Solomon Islands’ current growth model is not creating enough employment opportunities and is pushing more workers towards subsistence agriculture and low-value informal activities.Although the economy grew by an average of 3.1% annually between 2023 and 2025, the recovery has been concentrated in mining and public investment rather than broad-based private-sector development.The World Bank says the country needs to expand sectors capable of generating more jobs, including higher-value agriculture, fisheries, tourism, renewable energy and small businesses.Access to finance is also identified as a major concern.Around 40% of bank lending goes towards household consumption, while agriculture, fisheries and forestry receive only about 5%.The report recommends improving access to finance for small businesses through measures such as partial credit guarantees, development finance windows and stronger incentives for banks to lend to productive sectors.With Solomon Islands approaching its 50th Independence anniversary, the report presents the employment challenge as a major test for the country’s future economic direction.The report will be officially launched in Honiara Tuesday morning 18th August.ENDS...Photo caption: The growing population of youths are faced with employment challenge.
BY JOHN HOUANIHAU
The Government says it will strengthen the Office of the Auditor-General (OAG) after acknowledging that the institution has been neglected for too long and that weaknesses remain in accounting and auditing capacity across the public sector.
Minister of Finance and Treasury, Gordon Darcy Lilo made the remarks today during Parliament’s Committee of Supply on the 2026 Supplementary Appropriation Bill 2026.
The issue was raised by Opposition Leader Manasseh Sogavare, who supported funding for the CAPSA projects, describing them as important for developing the technical skills required by the Auditor-General’s Office over the long term.
Mr Sogavare also raised concerns about weaknesses in accounting capacity across government ministries, state-owned enterprises and other public institutions.
He called for more training and professional development for accountants, including opportunities to progress towards higher qualifications.
Mr Lilo in his response agreed that the concerns were valid, saying the country had neglected the Office of the Auditor-General for too long.
He said the Government is now giving greater attention to strengthening the office’s human resources and technical capacity so its work can have public confidence.
He said training is already being provided locally, while the Government is also working with partners to develop regulations that will provide accountants with a clearer pathway towards professional certification, including CPA qualifications.
“Another major reform involves the proposed Auditor-General’s Bill, which is being finalised before being sent back to the Attorney-General’s Chambers for further vetting. One of the key issues being considered is how confidential tax information will be handled between the Office of the Auditor-General and the tax authority,” Lilo said.
He explained that tax information is currently protected by strict secrecy requirements, while the proposed legislation will give the Auditor-General greater scope to conduct audits.
“Consultations on the issue had been positive and that the Bill should return to the Attorney-General’s Chambers for further legal review before coming back to Parliament,” he said.
He also highlighted concerns raised in the Public Accounts Committee report about public sector governance and comprehensive auditing involving politicians and public servants.
Mr Lilo said effective follow-up to audits conducted by the Auditor-General will strengthen public confidence in government institutions and improve integrity across the public sector.
“The Government must not lose the progress already made in strengthening the Auditor-General’s Office,” he said.
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Prime Minister Hon. Matthew Wale has called on Solomon Islands’ development partners to better align their support with national priorities and help deliver tangible results for the people.
Speaking at the opening of the Solomon Islands Development Partnership Summit 2026 at Heritage Park Hotel today, Prime Minister Wale said stronger cooperation between Government and development partners was essential to achieving the country’s development goals.
He acknowledged the significant contribution of development partners, noting that between 2016 and 2021, they contributed SBD$8.8 billion of the SBD$13.6 billion mobilised for development.
Prime Minister Wale said the GREAT Coalition Government’s reform agenda is focused on strengthening institutions, restoring trust, upholding the rule of law and ensuring the Government serves the people.
“We are rebuilding trust between Government and our people, and between Government and our development partners, anchored in openness, mutual respect, transparency and accountability,” he said.
He said the Government’s priorities include Free Education, affordable electricity, stronger institutions, responsible decentralisation and people-centred development.
The Prime Minister also highlighted the need to transform and diversify the economy by strengthening agriculture, fisheries, forestry, tourism, mining, energy, commerce and small and medium enterprises, while building the country’s manufacturing base.
“We are resolved to transform this economy and widen the horizon of opportunity for every Solomon Islander,” he said.
Prime Minister Wale urged development partners to support coordinated national programmes, increase the use of local content and national systems, and ensure development investments create greater benefits for Solomon Islanders and local businesses.
“Let this Summit mark the passage from dialogue to action, from commitments to implementation, and from scattered individual projects to a coordinated national development effort,” he said.
With Solomon Islands set to graduate from Least Developed Country status in December 2027, the Prime Minister also called for continued support during the transition towards greater self-reliance.
He said the Development Partnership Summit will become an annual event, with the next Summit expected in 2027.
Prime Minister Wale thanked the United Nations, UN Resident Coordinator Mr. Dirk Wagener, and the Government of New Zealand, through High Commissioner His Excellency Jonathan Curr, for supporting and financing the Summit.
[end]
OPMC statement
The post PM Wale calls for development partnership focused on results and economic transformation first appeared on Solomon Islands Broadcasting Corporation (SIBC) .
所罗门群岛总理马修·瓦尔(Hon. Matthew Wale)呼吁所罗门群岛的发展伙伴更好地将其支持与国家优先事项对齐,并帮助为人民提供切实的成果。在今天于遗产公园酒店举行的2026年所罗门群岛发展伙伴关系峰会开幕式上,瓦尔总理表示,政府与发展伙伴之间的更强合作对于实现国家的发展目标至关重要。他承认发展伙伴的重大贡献,指出在2016年至2021年间,他们为所罗门群岛动员的136亿所罗门元中贡献了88亿所罗门元。瓦尔总理表示,伟大联盟政府的改革议程专注于加强机构、恢复信任、维护法治并确保政府为人民服务。“我们正在重建政府与人民之间、政府与发展伙伴之间的信任,基于开放、相互尊重、透明和问责,”他说。他表示,政府的优先事项包括免费教育、可负担的电力、更强的机构、负责任的分权和以人为本的发展。总理还强调了通过加强农业、渔业、林业、旅游、采矿、能源、商业和中小企业来转型和多样化经济的必要性,同时建立国家的制造基础。“我们决心转变这一经济,为每位所罗门岛民拓宽机会的视野,”他说。瓦尔总理呼吁发展伙伴支持协调的国家项目,增加本地内容和国家系统的使用,并确保发展投资为所罗门岛民和当地企业创造更大的利益。“让这次峰会标志着从对话到行动,从承诺到实施,以及从分散的个别项目到协调的国家发展努力的过渡,”他说。随着所罗门群岛预计在2027年12月从最不发达国家地位毕业,总理还呼吁在向更大自给自足的过渡期间继续支持。他表示,发展伙伴关系峰会将成为一项年度活动,下一次峰会预计在2027年举行。瓦尔总理感谢联合国、联合国驻所罗门群岛协调员迪克·瓦根(Mr. Dirk Wagener)和新西兰政府,通过高专员乔纳森·卡尔(His Excellency Jonathan Curr)支持和资助此次峰会。
World Bank Highlights Opportunities for Solomon Islands' Economic Recovery EffortBy John ChrismaSolomon Star, HoniaraSolomon Islands has an opportunity to transform its economic recovery into more jobs, higher incomes and greater resilience to future shocks, according to the World Bank Group’s first-ever Solomon Islands Economic Update.The report, titled “Harnessing the New Roots of Growth,” identifies stronger public financial management, greater investment in agriculture and fisheries, and new sources of economic growth beyond mining as critical to achieving more inclusive and sustainable development.The Economic Update shows that Solomon Islands’ economy has rebounded after contracting for three consecutive years between 2020 and 2022. However, the recovery remains narrow and is largely driven by mining, remittances and public infrastructure spending.According to the World Bank, these sources of growth have generated limited employment, delivered uneven benefits across communities and left the economy exposed to future shocks.“Solomon Islands is at an important turning point,” said Bernard Harborne, World Bank Group Resident Representative for Solomon Islands and Vanuatu.“The country is benefiting from new sources of growth, particularly mining, but long-term prosperity will depend on how effectively resource revenues are managed and invested. Stronger public finances and greater investment in productive sectors can help create jobs, support local businesses, and improve living standards across the country.”The report projects the Solomon Islands economy will grow by 2.8 percent in 2026, driven mainly by gold mining and public investment.Gold accounted for more than half of the country’s exports in 2025, compared with just four percent in 2019. However, the World Bank cautions that while mining can generate significant export earnings, it requires substantial investment and creates relatively few jobs.The report further highlighted that stronger governance and careful reinvestment of resource revenues will be essential to ensure that the benefits of mining reach communities and the wider economy.Youth employment remains a major challenge, the report noted.The need to create employment opportunities for young Solomon Islanders is particularly urgent.The report estimates that around 9,000 young Solomon Islanders enter the labour force every year, while only about 2,100 formal jobs are created annually.This significant gap highlights the need for the country to develop sectors capable of generating more employment and income opportunities outside the extractive industries.The World Bank also warns that fiscal pressures are mounting.Cash reserves currently cover less than one month of government spending, while public debt reached 30 percent of GDP in 2025.Declining grants, higher fuel costs and climate-related disasters are placing additional pressure on government finances. The impact of Tropical Cyclone Maila has further highlighted the importance of rebuilding financial buffers and strengthening preparedness for future crises.Agriculture, fisheries and tourism identified as opportunitiesTo address these challenges, the Economic Update identifies two broad priorities: rebuilding public finances so the Government can better respond to shocks, and broadening the economy to generate more jobs and incomes.Among its recommendations, the World Bank calls for stronger mining governance and revenue collection, implementation of planned tax reforms, increased investment in productive sectors and expanded access to finance for businesses.The report also identifies significant opportunities in higher-value agriculture, fisheries and tourism.A more predictable business environment, improved access to finance and investment in productive sectors could help unlock these industries and create employment opportunities across Solomon Islands.The inaugural Solomon Islands Economic Update will be launched for the first time in the country at Solomon Islands National University (SINU) on August 18, 2026, on Tuesday with members of the public encouraged to attend.A media briefing on the report was also held on Monday, August 17, at the World Bank Group Office at Heritage Park Building in Honiara.The briefing included a presentation of the report’s key findings by Marko Kwaramba, World Bank Group Senior Economist.As Solomon Islands approaches its 50th anniversary of independence, the World Bank says the country has a unique opportunity to build a more diverse, resilient and job-rich economy.The report concludes that with the right reforms and investments, Solomon Islands can turn its natural resources, youthful population and untapped economic potential into greater opportunities and improved living standards for future generations.//End//
World Bank Highlights Opportunities for Solomon Islands' Economic Recovery EffortBy John ChrismaSolomon Star, Honiara根据世界银行集团首次发布的《所罗门群岛经济更新》,所罗门群岛有机会将其经济复苏转化为更多的就业机会、更高的收入和更强的抵御未来冲击的能力。该报告题为《利用新的增长根源》,指出加强公共财政管理、增加对农业和渔业的投资以及开发采矿以外的新经济增长来源是实现更具包容性和可持续发展的关键。经济更新显示,所罗门群岛的经济在2020年至2022年连续三年收缩后已经反弹。然而,复苏仍然较为狭窄,主要由采矿、汇款和公共基础设施支出驱动。根据世界银行的说法,这些增长来源创造的就业机会有限,给各社区带来的利益不均,并使经济面临未来冲击的风险。“所罗门群岛正处于一个重要的转折点,”世界银行集团驻所罗门群岛和瓦努阿图代表伯纳德·哈博恩(Bernard Harborne)表示。“该国正在受益于新的增长来源,特别是采矿,但长期繁荣将取决于资源收入的管理和投资效率。更强的公共财政和对生产性部门的更多投资可以帮助创造就业机会,支持当地企业,并改善全国的生活水平。”报告预测,所罗门群岛经济将在2026年增长2.8%,主要由黄金采矿和公共投资推动。黄金在2025年占该国出口的超过一半,而在2019年仅占4%。然而,世界银行警告说,尽管采矿可以产生可观的出口收入,但它需要大量投资,并创造相对较少的就业机会。报告进一步强调,强化治理和谨慎再投资资源收入对于确保采矿的利益惠及社区和更广泛的经济至关重要。报告指出,青年就业仍然是一个重大挑战。为年轻的所罗门群岛人创造就业机会的需求尤为迫切。报告估计,每年约有9,000名年轻的所罗门群岛人进入劳动力市场,而每年仅创造约2,100个正式工作。这一显著差距突显了该国需要发展能够在采掘行业之外创造更多就业和收入机会的部门。世界银行还警告财政压力正在加大。目前现金储备覆盖的政府支出不足一个月,而公共债务在2025年达到了GDP的30%。拨款减少、燃料成本上升和气候相关灾害给政府财政带来了额外压力。热带气旋迈拉的影响进一步突显了重建财政缓冲和增强未来危机应对能力的重要性。农业、渔业和旅游被确定为机遇为应对这些挑战,经济更新确定了两个广泛的优先事项:重建公共财政,以便政府能够更好地应对冲击,以及拓宽经济以创造更多就业和收入。在其建议中,世界银行呼吁加强采矿治理和收入征收,实施计划中的税收改革,增加对生产性部门的投资,并扩大对企业的融资渠道。报告还确定了在高价值农业、渔业和旅游方面的重大机遇。更可预测的商业环境、改善融资渠道和对生产性部门的投资可以帮助解锁这些行业,并在所罗门群岛创造就业机会。首届所罗门群岛经济更新将于2026年8月18日星期二在所罗门群岛国立大学(SINU)首次发布,鼓励公众参加。关于该报告的媒体简报也于8月17日星期一在霍尼亚拉的世界银行集团办公室举行。简报包括世界银行集团高级经济学家马尔科·夸兰巴(Marko Kwaramba)对报告关键发现的介绍。随着所罗门群岛即将迎来独立50周年,世界银行表示,该国有独特的机会建立一个更加多元化、韧性强和就业丰富的经济。报告总结认为,凭借正确的改革和投资,所罗门群岛可以将其自然资源、年轻人口和未开发的经济潜力转化为更大的机遇和未来几代人的生活水平提升。
BY JOSES SARENWork on modernising land surveying and mapping in Honiara has taken on another level with Ministry of Lands, Housing and Survey (MLHS) Surveyor General’s Division reviewing the accuracy of property boundaries and testing a prototype digital land information system.A statement from CAUSE II Project this morning said a workshop on this was held yesterday and hosted by Surveyor General Leslie Volalia for 10 staff from the Survey Section and the National Geographic Information Centre (NGIC).One of the highlights from discussions was on work carried out earlier this year to bring older survey information into modern coordinate systems.The statement said MLHS surveyors used GPS to determine the mathematical parameters needed to convert survey coordinates from a pre-independence system into the modern coordinate systems used by GPS and digital mapping platforms such as Google Earth.The workshop reviewed how this work can be finalised and extended beyond Honiara to other parts of the country.A key outcome was the confirmation that Honiara’s property-boundary coordinates are now in good shape for integration into the proposed Integrated Land Information System (ILIS).“The proposed ILIS is intended to provide a shared digital platform for land information, with the system expected to support MLHS, Honiara City Council (HCC) and Guadalcanal Provincial Government (GPG),” the statement said.As part of the workshop, surveyors and mapping staff were given a hands-on opportunity to review a prototype system built on SOLA (Solutions for Land Administration), an open-source land administration platform developed with the Food and Agriculture Organization of the United Nations (FAO).This exercise allowed staff to look at how well SOLA could meet Solomon Islands’ survey and mapping needs and how it can help streamline processes within the Surveyor General’s Division.The statement added that the proposed system could also make digital information on property boundaries and ownership more accessible to government agencies and, over time, the general public.Neil Pullar, Land Administration Consultant with the CAUSE II Project, said getting the survey foundations right is what makes everything else possible.“Once Honiara’s property boundaries line up with GPS and Google Earth, we can bring boundaries and ownership together in one trusted system that MLHS, the city and the province can all rely on – and that the public can access,” he said.The CAUSE II Project said feedback from the Division’s surveyors and mapping staff will help shape how the tools are finalised and eventually rolled out across the country.The CAUSE II Project is implemented by the Solomon Islands Government and supported by the World Bank and the Australian Government through the PNG and Pacific Islands Umbrella Facility Multi-Donor Trust Fund.Photo credit: CAUSE II ProjectFor feedback, contact: josessaren@gmail.comEditor: irwin3angiki@gmail.com
作者:JOSES SAREN霍尼亚拉的土地测量和制图现代化工作已进入新阶段,土地、住房和测量部(MLHS)测量总监办公室正在审查地产边界的准确性,并测试一个原型数字土地信息系统。CAUSE II 项目今天早上发表声明称,昨天举行了一次研讨会,由测量总监莱斯利·沃拉利亚主持,参加者包括来自测量科和国家地理信息中心(NGIC)的10名工作人员。讨论的一个亮点是今年早些时候进行的工作,旨在将旧的测量信息转化为现代坐标系统。声明指出,MLHS的测量员使用GPS确定将测量坐标从独立前系统转换为现代坐标系统所需的数学参数,这些现代坐标系统被GPS和数字制图平台(如谷歌地球)所使用。研讨会回顾了如何最终确定这项工作,并将其扩展到霍尼亚拉以外的其他地区。一个关键成果是确认霍尼亚拉的地产边界坐标现在已准备好整合到提议的综合土地信息系统(ILIS)中。声明称:“提议的ILIS旨在提供一个共享的数字土地信息平台,预计该系统将支持MLHS、霍尼亚拉市议会(HCC)和瓜达尔卡纳尔省政府(GPG)。”作为研讨会的一部分,测量员和制图工作人员获得了亲身体验的机会,审查基于SOLA(土地管理解决方案)的原型系统,这是一个与联合国粮食及农业组织(FAO)共同开发的开源土地管理平台。这一练习使工作人员能够了解SOLA在满足所罗门群岛的测量和制图需求方面的表现,以及它如何帮助简化测量总监办公室的流程。声明补充说,提议的系统还可以使政府机构更容易获取有关地产边界和所有权的数字信息,并随着时间的推移使公众也能获得这些信息。CAUSE II 项目的土地管理顾问尼尔·普拉尔表示,确保测量基础的准确性是实现其他一切可能的前提。他说:“一旦霍尼亚拉的地产边界与GPS和谷歌地球对齐,我们就可以在一个可信赖的系统中将边界和所有权整合在一起,MLHS、城市和省政府都可以依赖这个系统,公众也可以访问。”CAUSE II 项目表示,来自测量员和制图工作人员的反馈将有助于确定工具的最终定型和最终在全国范围内的推广。CAUSE II 项目由所罗门群岛政府实施,并得到世界银行和澳大利亚政府通过巴布亚新几内亚和太平洋岛国伞形设施多捐赠者信托基金的支持。照片来源:CAUSE II 项目反馈联系:josessaren@gmail.com编辑:irwin3angiki@gmail.com
Island SunBusiness & Economy商业经济·2026-08-17Original ↗原文 ↗
MINISTRIES URGED TO UPHOLD THE PFM ACTBy LEILANI OSOSolomon Star, HoniaraTHE Finance and Treasury Minister Gordon Darcy Lilo has called on all Permanent Secretaries, and all Financial Controllers, Human Resources Managers in Government Ministries to uphold the Public Financial Management [PFM] Act (2013).The Minister also urged the holders of these positions to work together to manage all priority activities and programmes in the 2026 Budget within the secured financial resources, and demonstrate discipline during the budget execution.Lilo made the calls when presenting the 2026 Supplementary Appropriation Bill 2026 in Parliament on Thursday 13 August.The Government, through the 2026 Supplementary Appropriation Bill 2026, sought Parliament’s authourisation of additional expenditure of $758,411,407.09 to the 2026 Appropriation Act 2025 for government services up until the end of this year.This includes $10,000,000 in Contingency Warrants, $316,404,082.81 in Advance Warrants and additional expenditures of $432,007,324.28, which comprise $197,657,324.28 recurrent expenditures, $159,350,000.00 development expenditures and 75,000,000.00 budget support.Lilo said the additional supplementary expenditures were considered in accordance with section 102(3) of the Constitution and section 51 of the PFM Act 2013.He said it was found that the sum appropriated by the 2026 Appropriation Act 2025 for any purpose was insufficient and a need has arisen for expenditure for a purpose for which no sum has been appropriated. The Finance and Treasury Minister said the government remains committed to monitor the implementation of the 2026 budget, ensure funds are available to meet its contractual commitments and outstanding mandatory obligations to ensure government essential services continued to be delivered to our people without disruptions. “Sir, the Ministry of Finance and Treasury will continue to support ministries and closely monitor all expenditures and ensure they are spent wisely, responsibly and to protect the economic and social wellbeing of our people. “I therefore call on all responsible Permanent Secretaries, Financial Controllers, Human Resources Managers and Directors to uphold the PFM Act (2013) and work together to manage all priority activities and programs within the secured financial resources, and demonstrate discipline during execution of the Budget.” The Supplementary Bill passed through the Committee and Third Reading Stages on Friday 14 August.//End//
CHARLES SUMMERS IN THE PARLIAMENTBy LEILANI OSOSolomon Star, Honiara财政与财政部部长戈登·达西·利洛(Gordon Darcy Lilo)呼吁所有常务秘书、所有财务主管和人力资源经理遵守2013年公共财政管理法案(PFM Act)。部长还敦促这些职位的持有者共同努力,在确保的财政资源内管理2026年预算中的所有优先活动和项目,并在预算执行过程中表现出纪律性。利洛是在8月13日星期四向国会提交2026年补充拨款法案时发出的呼吁。政府通过2026年补充拨款法案寻求国会授权额外支出758,411,407.09美元,用于2026年拨款法案(2025年)下的政府服务,直到今年年底。这包括1,000万美元的应急拨款、316,404,082.81美元的预付款和432,007,324.28美元的额外支出,其中包括197,657,324.28美元的经常性支出、159,350,000.00美元的发展支出和75,000,000.00美元的预算支持。利洛表示,额外的补充支出是根据宪法第102(3)条和2013年公共财政管理法案第51条进行考虑的。他说,发现2026年拨款法案(2025年)所拨的款项不足,出现了需要支出但未拨款的情况。财政与财政部部长表示,政府将继续致力于监控2026年预算的实施,确保资金可用以满足其合同承诺和未偿还的强制性义务,以确保政府的基本服务能够持续提供给人民,而不受干扰。“先生,财政与财政部将继续支持各部门,密切监控所有支出,确保支出明智、负责任,并保护我们人民的经济和社会福祉。“因此,我呼吁所有负责的常务秘书、财务主管、人力资源经理和主任遵守2013年公共财政管理法案,并共同努力在确保的财政资源内管理所有优先活动和项目,并在预算执行过程中表现出纪律性。”补充法案于8月14日星期五通过了委员会和第三阅读阶段。//结束//
BY BEN BILUAGizoTHE Government has allocated .4 million, representing 45 percent of its budget, towards economic transformation, inclusive economic development, job creation, tourism and fisheries investment.Minister of Finance Gordon Darcy Lilo said the allocation forms part of the Government’s commitment under the Great Coalition Government to create greater economic opportunities and promote sustainable growth.He said the Government will support farmers to increase cocoa production as part of efforts to strengthen the rural economy.Lilo said rural economic and social development remains a priority, with .3 million, or 28 percent of the budget, allocated towards the resource sector.He said the investment aims to support key productive sectors and ensure that economic development reaches rural communities.Lilo stated that the Government has also approved .7 million in credit and grant funding from development partners for key infrastructure development.He said the funding includes support for implementation of the Community Access and Urban Security Enhancement Project under the Ministry of Infrastructure and Development.“It includes additional funding for road maintenance in Honiara, Malaita and Western Province, as well as office maintenance and the purchase of machinery, structures and fencing under the Ministry of Infrastructure and Development,” Lilo said.On national security, public safety, education, health and social cohesion, he said the Government has allocated .7 million, representing 19 percent of the budget, towards the social sector.Lilo said donor support will also assist with the implementation of asset maintenance and housing construction projects.“Additional funding has been provided to maintain mandatory and operational services under the Royal Solomon Islands Police Force and the Correctional Services Commission,” he said.In the education sector, Lilo said the Government will support the rehabilitation of school infrastructure, increase funding for scholarships and school grants, and meet administrative costs associated with initial consultations on the Government’s free education policy in preparation for 2027.He said the allocations reflect the fundamental pillars of the Great Coalition Government, including economic opportunity and sustainable growth, national security and public safety, education, health and human capital development, social cohesion, culture and community wellbeing, and infrastructure and national development.Lilo said the Government’s investment priorities are designed to support economic growth while improving essential services and development opportunities for Solomon Islanders.Photo credit: NPSIFor feedback, contact: maetuana777@gmail.comEditor: irwin3angiki@gmail.com
HONIARA, Solomon Islands – The Solomon Islands Chamber of Commerce and Industry (SICCI) partners with the Ministry of Commerce, Industry, Labour and Immigration to profile local MSME and women lead businesses at the upcoming Inaugural PNG Solomon Islands Business Investment Conference to be held on the 19 and 20 August, at Heritage Park Hotel.
A landmark event between the two Melanesian countries who have shared similar culture, challenges and vision to grow and strengthen its economy through private sector development.
Under a shared vision, MCILI and SICCI look to support grow the local MSME sector of Solomon Islands, through building business capacities, networking, engagement and connecting to the market.
MCILI Director of Marketing, Ms. Donalee Vozoto, emphasized the GREAT Government’s priority to enable MSMEs to participate meaningfully in business, expand domestic value addition, and access practical markets.
“MSME businesses are the backbone of our country. Supporting them means we are nurturing them to become the leading employers of the future. Giving them the opportunity to participate in events like this pushes them in the right direction—connecting them to markets that are practical and accessible for Solomon Islands,” Ms. Vozoto stated.
“We are pleased to continue our partnership with SICCI under our Private Sector Advisory Group MOU. The GREAT Government’s priority is to empower our MSMEs to participate meaningfully in business, expand domestic value addition, and access markets—and this partnership is a direct reflection of that commitment,” she added.
SICCI Export Industry Development Officer, Ms. Freda Tekulu , welcomed the continued collaboration, highlighting its significance for local enterprise growth.
“On behalf of SICCI, we are delighted to continue this partnership as we build the capacity of our MSMEs. Getting businesses in front of potential buyers and helping them make meaningful connections is at the very core of what SICCI advocates for—particularly for our export-ready sectors. SICCI believe this partnership will add great value to our MSMEs as we entrust them into this platform,” Ms. Tekulu said.
The support directly advances the government’s Local Content Policy by ensuring that the conference features dedicated sessions tailored to the needs of local enterprises, including investment readiness, access to finance, and sector-specific opportunities in agriculture, fisheries, tourism, and renewable energy. SICCI views this as a practical step toward translating national policy into tangible outcomes for its members and the wider business community.
Both Prime Minister Hon. Matthew Wale and PNG Prime Minister Hon. James Marape will open the business conference and deliver the keynote address, reinforcing the high-level partnership and commitment to strengthening economic ties between the two Melanesian neighbours.
Other distinguished speakers who will be speaking at this conference include Ministers: Hon. Harry Kuma, Hon. Derrick Manu’ari, Hon. Ricky Fuo’o, Hon. Franlyn Wasi; CBSI Governor Dr. Luke Forau, SINPF CEO Mr. Mike Wate, and representative from SIWIBA and YECSI.
Speakers from PNG include private sector investors, women and youth organisations and PNG Government rep.
The hosting Councils Papua New Guinea Solomon Islands Business Council and SICCI look to host a meaningful business engagement forum where both the economy of both countries could be built on going into the future.
The Inaugural Business event is attended through registration only.
霍尼亚拉,所罗门群岛——所罗门群岛工商会(SICCI)与商业、工业、劳工和移民部(MCILI)合作,在即将于8月19日至20日在遗产公园酒店举行的首届巴新-所罗门商业投资会议上,展示当地中小企业和女性主导的企业。
这是两个拥有相似文化、面临共同挑战并致力于通过私营部门发展来促进经济增长的美拉尼西亚国家之间的里程碑事件。
在共同愿景的指导下,MCILI和SICCI希望通过提升商业能力、建立网络、加强参与和连接市场来支持所罗门群岛的中小企业部门发展。
MCILI市场营销主任多娜莉·沃佐托(Ms. Donalee Vozoto)强调,伟大政府(GREAT Government)优先考虑使中小企业能够有意义地参与商业、扩大国内价值增加和获取实用市场。
沃佐托表示:“中小企业是我们国家的支柱。支持它们意味着我们在培养它们成为未来的主要雇主。让它们有机会参与这样的活动,将它们推向正确的方向——将它们与对所罗门群岛而言实用且可及的市场连接起来。”
她补充道:“我们很高兴在我们的私营部门咨询小组谅解备忘录下继续与SICCI合作。伟大政府的优先事项是赋能我们的中小企业,使其能够有意义地参与商业、扩大国内价值增加和获取市场——这一合作关系直接反映了这一承诺。”
SICCI出口行业发展官员弗雷达·特库鲁(Ms. Freda Tekulu)欢迎持续的合作,强调其对当地企业增长的重要性。
特库鲁表示:“代表SICCI,我们很高兴继续这一合作关系,因为我们在提升中小企业的能力。让企业接触潜在买家并帮助它们建立有意义的联系是SICCI倡导的核心——特别是对于我们的出口准备部门。SICCI相信,这一合作关系将为我们的中小企业增添巨大的价值,因为我们将它们托付于这一平台。”
这一支持直接推动了政府的地方内容政策,确保会议设有专门针对当地企业需求的会议,包括投资准备、融资渠道和农业、渔业、旅游和可再生能源等特定行业的机会。SICCI将此视为将国家政策转化为其成员和更广泛商业社区可见成果的实际步骤。
所罗门群岛总理马修·韦尔(Hon. Matthew Wale)和巴新总理詹姆斯·马拉佩(Hon. James Marape)将共同开幕并发表主题演讲,强调两国之间高层合作关系和加强经济联系的承诺。
其他在本次会议上发言的杰出嘉宾包括部长:哈里·库马(Hon. Harry Kuma)、德里克·马努阿里(Hon. Derrick Manu’ari)、里基·福奥(Hon. Ricky Fuo’o)、弗兰克林·瓦西(Hon. Franlyn Wasi);中央银行所罗门群岛行长卢克·福劳(Dr. Luke Forau)、所罗门群岛国家养老基金首席执行官迈克·瓦特(Mr. Mike Wate)以及来自所罗门群岛女性商业协会(SIWIBA)和青年企业家和社区倡导组织(YECSI)的代表。
来自巴新的发言人包括私营部门投资者、女性和青年组织以及巴新政府代表。
主办方巴新所罗门群岛商业委员会和SICCI希望举办一个有意义的商业交流论坛,以便为两国的经济未来奠定基础。
首届商业活动仅限注册参加。
MCILI Hands Over Laptops to Strongim Bisnis Business Accelerator ParticipantsThe Ministry of Commerce, Industry, Labour and Immigration (MCILI), through its Business and Cooperative Division, has officially handed over five laptops to selected participants of the Strongim Bisnis Business Accelerator Programme.The handover forms part of an ongoing partnership aimed at strengthening Micro, Small and Medium Enterprises (MSMEs) in Solomon Islands by improving access to technology, business support and productive assets.The Business Accelerator Programme commenced in August 2025 and provided participating businesses with six months of coaching, mentoring and specialised business training.The programme culminated in a Shark Tank-style business competition, where 10 small businesses presented their business ideas and growth plans.As part of the programme's support package, winning participants received non-cash business assets sponsored by MCILI, including laptops and Starlink units.The assets are expected to help participating businesses improve digital connectivity, productivity, record-keeping, marketing and access to online markets.The initiative is part of the Government's broader MSME Development and Indigenous Business Empowerment Programme, which seeks to strengthen locally owned businesses, improve business capabilities and create greater opportunities for indigenous entrepreneurs to participate in economic development.The programme has also contributed to the development of a new blended financing facility between Strongim Bisnis and the Development Bank of Solomon Islands (DBSI).The facility is intended to support MSMEs seeking asset financing, particularly businesses operating in the agriculture and tourism sectors.MCILI said the partnership demonstrates how government, development partners and financial institutions can work together to move MSMEs beyond training and mentoring towards greater access to productive assets, finance, technology and markets.The Ministry welcomed the partnership and said it looks forward to expanding similar initiatives to support more Solomon Islands-owned businesses and cooperatives as part of the national MSME development agenda.//ENDS
MCILI Hands Over Laptops to Strongim Bisnis Business Accelerator Participants商业、工业、劳工和移民部(MCILI)通过其商业与合作部正式向 Strongim Bisnis 商业加速器项目的选定参与者移交了五台笔记本电脑。此次移交是一个持续合作伙伴关系的一部分,旨在通过改善对技术、商业支持和生产性资产的获取,来加强所罗门群岛的微型、小型和中型企业(MSMEs)。商业加速器项目于2025年8月启动,为参与企业提供了六个月的辅导、指导和专业商业培训。该项目 culminated in a Shark Tank-style business competition, where 10 small businesses presented their business ideas and growth plans.作为项目支持包的一部分,获胜参与者获得了由 MCILI 赞助的非现金商业资产,包括笔记本电脑和 Starlink 单元。这些资产预计将帮助参与企业改善数字连接、生产力、记录保存、市场营销和进入在线市场的能力。该倡议是政府更广泛的 MSME 发展和本土企业赋权计划的一部分,旨在加强本地拥有的企业,改善商业能力,并为本土企业家创造更多参与经济发展的机会。该项目还促进了 Strongim Bisnis 与所罗门群岛发展银行(DBSI)之间新混合融资设施的发展。该设施旨在支持寻求资产融资的 MSMEs,特别是农业和旅游行业的企业。MCILI 表示,这一合作伙伴关系展示了政府、发展合作伙伴和金融机构如何共同努力,将 MSMEs 从培训和指导推向更大程度的生产性资产、融资、技术和市场的获取。该部欢迎这一合作伙伴关系,并表示期待扩大类似倡议,以支持更多所罗门群岛本土企业和合作社,作为国家 MSME 发展议程的一部分。//ENDS
GREAT Coalition records strong revenue collections, with domestic revenue exceeding the six-month budget target by $56 million. THE GREAT Coalition has started with encouraging fiscal results, with strong domestic revenue collections providing a solid foundation for the Government’s reform and development agenda. Speaking during the 2026 Supplementary Appropriation Bill 2026 in Parliament this week, Minister [...]
The post GREAT COALITION RECORDS STRONG DOMESTIC REVENUE PERFORMANCE appeared first on Tavuli News (Solomon Islands) .
BY NED GAGAHE
The Government has introduced the Mineral Resources Bill 2025 to modernise Solomon Islands’ mining laws, strengthen environmental protection and ensure landowners and communities benefit more from mining.
Moving the Bill for its second reading in Parliament this morning, Minister for Mines, Energy and Rural Electrification (MMERE) Derrick Manuari said it will repeal the Mines and Minerals Act (Cap. 42), which has governed the sector for more than 30 years.
He said the new law will promote transparent and accountable mining while balancing economic development, social equity and environmental protection.
The Bill introduces, for the first time, a statutory Community Development Agreement (CDA) framework requiring large-scale mining companies to formally share benefits with affected communities
Large-scale mining projects will be required to enter into CDAs with affected communities, covering areas such as local employment, infrastructure, education and health.
“This is a landmark step,” Manuari told Parliament.
“For the first time, CDAs will be a statutory requirement, giving communities a guaranteed share in mining benefits.”
The Bill will also strengthen landowner rights by requiring companies to negotiate access agreements before entering land and provide compensation for disturbance, loss of use or damage.
Environmental safeguards will require mining companies to obtain environmental approvals and rehabilitate mining sites during and after operations. Financial assurances, including rehabilitation bonds, will help prevent companies from abandoning damaged sites.
Under the proposed licensing system, the Minister, acting on advice from the Minerals Board, will grant, renew, vary or cancel mineral tenements.
The Bill covers reconnaissance, prospecting, feasibility and mining licences, as well as artisanal and community permits.
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BY NED GAGAHE
People who mine without lawful authority could face up to 15 years’ imprisonment or a fine of up to 15 million penalty units under the proposed Mineral Resources Bill 2025.
Minister for Mines, Energy and Rural Electrification (MMERE) Derrick Manuari outlined the provision in Parliament this morning when he introduced the Bill for its second reading.
The Bill states that mining without lawful authority will constitute an offence, with the penalties intended to deter illegal mining activities.
Applicants for mineral tenements will also be required to undergo a “fit and proper person” assessment, covering financial capacity, technical expertise, environmental approvals and community agreements.
The proposed legislation will establish prohibited, protected and restricted areas, including national parks, World Heritage sites, biodiversity areas, cemeteries and state forests.
A public Mining Register will also be established to record applications, grants, renewals, cancellations and transfers of mineral tenements.
Stricter controls on the transfer of mining rights and disclosure of beneficial ownership will be introduced to prevent hidden interests and ensure only qualified operators hold mining rights.
The Bill will also formalise artisanal and small-scale mining through registration, environmental safeguards and support for cooperatives.
Stronger workplace health and safety requirements are proposed, including accident reporting and emergency response plans.
The proposed legislation also provides for royalties to be calculated based on the market value of minerals, with revenues shared among the Government, landowners and provincial governments.
Manuari said the Bill will promote sustainable mining, protect landowner and community rights, and support national economic development.
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Minister Lilo slams tax exemptions
as “daylight robbery”
By LEILANI OSO
Solomon Star, Honiara
THE Minister for Finance and Treasury Gordon Darcy Lilo has described tax exemptions as a daylight robbery as all the revenue supposed to be received by the state is forfeited.
Lilo made this remark when presenting the 2026 Supplementary Bill 2026 in Parliament for debate at the Second Reading Stage on Thursday 13 August 2026.
The Government, through the Bill, seeks authorisation of Parliament for additional expenditure to the 2026 Appropriation Act 2025 worth $758,411,407.09.
This includes $10,000,000 Contingency Warrants, $316,404,082.81 Advance Warrants and additional expenditures of $432,007,324.28, which comprises $197,657,324.28 in recurrent expenditures, $159,350,000.00 in development expenditures and 75,000,000.00 in budget support for the services in the year ending 31st December 2026.
Speaking of what MoFT has done to strengthen revenue leakages in the government system, Lilo said: “Mr Speaker Sir, what good does it bring to the government when all the revenue it supposed to be received is forfeited, this is robbery decorated in exemptions.”
He said he is aware that there are some businesses who try to avoid paying taxes.
“Such practices are not only destructive to our revenue collections and service delivery but also raise concern on the national security of this country.
"We want to provide tax relief but at the same time do not tolerate tax abuse,” the MoFT Minister said.
The MoFT Minister said the largest area of progress by the Ministry has been tax reform, and highlighted that a modern tax system is the foundation of domestic revenue.
He said the aim of the Ministry is a system that is fair, simple, broad and even-handed, in which individuals and businesses each carry their proper share.
“The programme is large and is being done in stages, so that each reform is properly designed before it is put into effect,” Lilo said.
“Under the first stage, this House passed the Tax Administration Act. That strengthens how tax is administered and governed, and gives us the foundation for better compliance, better collection, and greater public confidence in the fairness of the system.”
Lilo said MoFT has continued preparing the Value Added Tax legislation, which is expected to come before this House this year.
He said the second stage is also moving, and it involves reform of the Income Tax Act and review of excise and of resource rent taxation so that the tax system keeps pace with an economy whose shape is changing and so that the country captures a proper share of the value taken out of it.
Highlighting the importance of public finance management, Lilo said, “strengthening how we manage public money is what makes all of this possible. It ensures resources are raised and allocated sensibly, that spending follows national priorities, and that public funds are used openly and accountably.”
He said fiscal discipline alongside growth requires careful choices and strong institutions, and also requires political support and political discipline, and I say that to both sides of this Chamber.
“Mr Speaker, this work goes well beyond preparing a Budget once a year. Tax reform builds our revenue.
“Enterprise reform steadies our public companies. Financial sector reform makes our financial system stronger and more inclusive.
“Public finance reform makes sure the money is handled properly. Together they build the ground on which growth stands and give this Government the capacity to answer the next shock when it comes.”
Lilo then commended the leadership and staff of MoFT for their work and reminded line ministries that the priorities of this Government will be reflected in the 2027 Budget, and that they must comply with the budget instructions to be issued shortly.
GREAT COALITION RECORDS STRONG REVENUE PERFORMANCE
THE GREAT Coalition has started with encouraging fiscal results, with strong domestic revenue collections providing a solid foundation for the Government’s reform and development agenda.
Speaking during the 2026 Supplementary Appropriation Bill 2026 in Parliament this week, Minister of Finance and Treasury Hon. Gordon Darcy Lilo highlighted the positive revenue performance recorded during the first half of 2026.
Since the new Government came into office, one of the clearest positive indicators has been the strength of domestic revenue mobilisation.
“By June, SIG revenues had reached $2.147 billion, exceeding the six-month budget target by $56 million,” he said.
He said the strongest contribution came from the Inland Revenue Division, which collected $1.551 billion, exceeding the mid-year budget by an impressive $223.7 million.
Minister Lilo said the result reflected stronger economic activity, improved tax compliance and increased collections across key revenue streams, including company tax, withholding tax and personal income tax.
Importantly, he said the Government has now revised its year-end forecast for Inland Revenue collections upward to $3.151 billion, an increase of $382.9 million.
“The results demonstrate that the Solomon Islands economy has continued to generate strong domestic revenue despite challenging international and domestic conditions,” he said.
The Finance Minister highlighted that another important positive indicator is the $76.1 million surplus in the SIG recurrent balance, meaning domestic revenue was higher than recurrent expenditure during the review period.
“For the new Government, this provides an important platform to strengthen fiscal discipline and ensure public finances are managed responsibly,” he said.
“ This shows SIG domestic revenue receipt is higher than SIG recurrent expenditure.”
Minister Lilo said the Government also recognises that not all revenue areas performed at the same level.
By June, he said 42.3 percent of the annual revenue target had already been collected, while expenditure execution stood at 38.2 percent.
“The Government expects both revenue and expenditure activity to increase during the second half of the year as economic activity strengthens and key government programmes move further into implementation,” he said.
The fiscal performance gives the new GREAT Coalition Government a stronger platform from which to pursue its priorities of strengthening institutions, growing a productive economy, responsibly managing the country’s natural wealth and investing in people.
The Finance Minister said the Government will continue to build on the positive revenue performance while strengthening tax compliance, improving revenue administration, controlling unnecessary expenditure and ensuring public funds are directed towards priority national programmes.
Minister Lilo said early fiscal results show that the new Government has inherited challenges.
However, he said it has also inherited an economy with strong revenue-generating capacit.
“This Government is determined to turn that strength into better services, stronger institutions and tangible development for Solomon Islanders,” he said.
Ends///
Workers' Action could Tarnish
Solomon Islands’ Image in Australia
By SOLOMON LOFANA
Solomon Star, Auki
Solomon Islands seasonal workers living and working in Australia have expressed concern over the alleged misconduct of a few workers, saying such behaviour could tarnish the reputation of hardworking Solomon Islanders who are committed to supporting their families back home.
Solomon Islanders living and working in Leeton, Australia, said they were saddened to hear reports about the alleged behaviour of some seasonal workers.
A Leeton-based worker in Australia told the Solomon Star the reported incidents could damage the reputation of other Solomon Islanders working in Australia who strive to be good ambassadors for the country.
The reports were shared on social media over the past few days and attracted criticism from members of the public who said such behaviour was unacceptable, particularly among workers living in a foreign country.
“We feel ashamed when we see such reports,” the Solomon Islander seasonal worker in Leeton said.
It was reported that some Solomon Island seasonal workers in Gatton Queens Land have allegedly been involved in drinking, causing disturbances with loud music, and smashing bottles on the road.
There were also reports alleging the smell of drugs in the area.
The workers said such behaviour could disturb other members of the community and create a negative impression of Solomon Islanders living and working in Australia.
Solomon Islanders working on other farms across Australia have called on the Solomon Islands Government to consider appropriate measures to address misconduct by mis behaviour workers.
They said addressing such incidents was important to protect the reputation of the many Solomon Islanders who work hard, respect local communities and remain focused on supporting their families back home.
//end//
BY LORETTA B MANELE
Solomon Islands real GDP growth for this year has been revised upward to 3.5 percent and is driven by strong domestic demand, increased investment, and improved performance in sectors of mining, agriculture, tourism, and fisheries.
This was shared on the floor of Parliament yesterday by Minister of Finance and Treasury, Gordon Darcy Lilo when he delivered the Second Reading Speech on the 2026 Supplementary Appropriation Bill 2026.
While the mentioned sectors are contributing to the growth, Mr Lilo said logging on the other hand continues to decline and is a reinforcement of the often spoken about need for diversification.
Mr Lilo said mining, specifically gold production is expected to remain as the main driver of growth with support from continued investment and strong export earnings.
Other sectors like fisheries, agriculture, construction, transport and retail trade as stated, are also expected to contribute to economic activity.
And although logging continues to generate export revenue, the Minister said its contribution to growth has gradually declined as forest resources have become more constrained hence the greater shift towards mining and other productive sectors.
Mr Lilo also highlighted promising economic growth from GDP indicators.
For household consumption as a component of GDP, he said it is projected to increase by 10.6 percent from $9.0 billion in 2025 to $9.9 billion in 2026 and remains the largest component of aggregate demand.
“Consumption is estimated to account for approximately 57 per cent of GDP and contribute 5.7 percentage points to overall economic growth in 2026, due to increased spending on food, transport, communication, education, health services, and retail trade, as the main drivers of economic activities,” Lilo said.
Government expenditure is projected to increase by 6.4 percent from $4.4 billion in 2025 to $4.9 billion in 2026, and reflects higher expenditure on public administration, education, health, law and order, and other essential services.
“Increased government spending is expected to stimulate domestic economic activity through higher demand for goods and services,” the Minister added.
In terms of investment, Mr Lilo said Gross capital formation is projected to increase by 12.4 percent from $2.8 billion in 2025 to $3.1 billion in 2026 and is a reflection of continued investment across the private sector, Government, and SOEs.
Growth is also in the external sector with exports projected to increase from $4.4 billion in 2025 to $4.5 billion in 2026, driven mainly by stronger performance in mining, agriculture and fisheries.
Meanwhile, imports are projected to increase by 12.4 percent, from $10.5 billion in 2025 to $11.7 billion in 2026, reflecting stronger domestic demand and higher investment activity.
Mr Lilo said growth in this sector is expected to be driven by increase in purchases of machinery, fuel, construction materials, transport equipment, and other capital goods required for mining operations, infrastructure development, and business expansion.
He went on to speak on the sectoral performance, briefing Parliament of growth in the mining, agriculture and cocoa sectors with logging said to gradually decline in its contribution to growth.
In the mining sector, the Minister said gold exports are expected to rise from $3.2 billion to $3.4 billion, highlighting the sector as the country’s largest source of export earnings and foreign exchange.
Growth in the agriculture sector was also evident with agricultural products said to have recorded an improved performance in the first half of 2026, driven by stronger production of crude palm oil (CPO) and cocoa.
“CPO production recovered during the second quarter of 2026, increasing from approximately 5,500 tonnes in the first quarter to around 6,500 tonnes, reflecting improved harvesting conditions, better plantation management, and enhanced processing activities,” said Lilo.
For the cocoa sector, production increased with improved harvesting activity and stronger output from cocoa-growing areas.
“Production rose significantly during the second quarter of 2026, while international cocoa prices, although lower than the record highs of 2025, remained well above historical averages at around USD 4,000 per metric ton.
“Higher production volumes combined with favorable prices are expected to boost export receipts and improve rural incomes,” the minister said.
Contributing to growth yet also declining in doing so is the logging sector.
The MP for Central Honiara said while logging continues to generate export revenue, its contribution to growth is slowing down as forest resources become more constrained, resulting in a greater shift towards mining and other productive sectors.
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BY LORETTA B MANELE
The Minister of Finance and Treasury, Gordon Darcy Lilo has emphasised on the importance of managing public finances when he delivered the Second Reading Speech on the 2026 Supplementary Appropriation Bill 2026 in Parliament yesterday.
He told parliament that managing public money ensures resources are raised and allocated sensibly, spending follows national priorities, and that public funds are used openly and accountably.
Lilo said that fiscal discipline alongside growth requires careful choices and strong institutions.
“It also requires political support and political discipline, and I say that to both sides of this Chamber,” he added.
The Minister said this work goes well beyond preparing a Budget once a year, pointing out that Tax reform builds the country’s revenue, enterprise reform steadies’ public companies and financial sector reforms make our financial system stronger and more inclusive.
Meanwhile, he said public finance reform ensures money is well handled.
“Together they build the ground on which growth stands and give this Government the capacity to answer the next shock when it comes,” he said.
Lilo also took the opportunity to commend the staff of the Finance Ministry for their work while also putting out a reminder for line ministries to comply with Budget instructions that will be issued shortly.
“As a responsible Minister, I commend the leadership and staff of the Ministry of Finance and Treasury for their work. And I remind line ministries that the priorities of this Government will be reflected in the 2027 Budget, and that they must comply with the budget instructions to be issued shortly,” he said.
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BY JOHN HOUANIHAU
The Solomon Islands Government (SIG) spent about $5.1 billion in 2025, while collecting around $4.1 billion in revenue, according to Finance Minister Gordon Darcy Lilo.
Presenting the 2025 Supplementary Appropriation Bill 2026 in Parliament on Thursday 13, this week, Mr Lilo said the government recorded a fiscal deficit of about $768 million during the year.
He, however, said the external budget financing of around $967 million resulted in an overall surplus of about $199 million.
Mr Lilo said the domestic economy performed better in 2025, growing by 3.7 percent, compared with 2.7 percent in 2024.
He added that the growth was mainly driven by the industrial sector, which expanded by 6.1 percent, with mining recording particularly strong growth of 48.5 percent, compared with 12 percent in 2024.
He said stronger gold production, favourable commodity prices and increased export earnings supported mining.
Mr Lilo said mining exports were estimated at $3.2 billion, making the sector a major source of foreign exchange.
“However, the logging sector weakened substantially, with declines in revenue, exports and harvesting activity. Mr Lilo said the decline showed the need for the country to diversify its economy.
“Government revenue performed strongly in 2025, with total SIG revenue reaching about $4.1 billion. This was $289 million, or 7.5 percent, above the revised budget estimate,” he said.
He said the Internal Revenue Division collected about $2.5 billion, which was $266 million, or 12 percent, above its target.
“Collections increased across company tax, personal income tax, withholding tax, sales tax, stamp duty and licence revenue. Customs and excise collections reached about $1.1 billion, an increase of around $51 million, or 5.5 percent, supported by stronger import and export duties and increased mining activity,” Lilo said.
He said the government also received about $308 million in budget support, exceeding the budgeted amount by approximately $204.9 million.
“On spending, recurrent expenditure reached $4.048 billion, representing 97.7 percent of the revised recurrent budget of $4.143 billion. Development expenditure stood at $791.6 million, or 79 percent of the revised development budget,” he said.
He said the Supplementary Appropriation Bill seeks Parliament’s approval to regularise $109.76 million spent through contingency and advance warrants in 2025.
“Of this, $2.5 million was spent under contingency warrants and about $107.3 million under advance warrants.
“The advance spending included $25.6 million for the social sector, mainly health support; $18.78 million for agriculture, nutrition, cybersecurity, provincial airport upgrades and fisheries; $21.7 million for the resource sector, including the Tina Hydropower project; and $41.3 million for auditing, statistics, child protection and the 2025 Pacific Islands Forum Leaders Meeting,” he said.
Mr Lilo said government debt stood at about $4.2 billion by December 2025, equivalent to around 29 percent of GDP.
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