Month: August 2017

Monthly Economic Bulletin – July, 2017

Monthly Economic Bulletin – July, 2017 Monthly Economic Bulletin for July, 2017 is now available. PDF version can be downloaded below. Also visit our Monthly Economic bulletin page for past reports....

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Lets Get Digital; New Tax Payment System for the Nation

Let’s get digital; New Tax Payment System for the Nation By Natasha Eddie Article No. : 08/2017 Just recently this year, the Solomon Islands Government (SIG) made a commitment under the Better than Cash Alliance (BTCA) to use electronic payment channels. Following this commitment, the Pacific Financial Inclusion Programme (PFIP) in partnership with SIG Ministries, the banks and other stakeholders, ensured that a project targeting the Solomon Islands Government Inland Revenue Department (IRD) would help introduced a modernized and automated type of taxation system.  ...

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Consumer Empowerment Rights

Consumer Empowerment Rights By Natasha Eddie Article No. : 07/2017 Having complaints about bank products and services? Rest assured there is a reporting mechanism in place that permits you as a consumer to launch your complaints to banks when you are dissatisfied about their products and services....

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Financial Stability Report – December, 2016

Financial Stability Report– December, 2016 The first edition of the Financial Stability Report for December 2016 is now available. PDF version can be downloaded below. Also visit our Publication page for other reports....

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Key Statistics

Inflation
(August, 2018) 2.6%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(October 17, 2018)SBD $5,057m
Interest Rates
(August, 2018)
Deposit Rate0.33%
Lending Rate10.70%
Money Supply
(October 17, 2018)SBD $5,131m

Exchange Rates

per
SBD
Today
23/10/2018
Last Week
16/10/2018
USD0.12310.1231
GBP0.09460.0937
EUR
0.10720.1064
AUD0.17350.1729
NZD
0.18700.1886
JPY13.308013.7804
SDR0.08850.0881
CNY0.85370.8520
Index110.3110.1

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