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
(May, 2018) 2.8%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(August 1, 2018)SBD $5,130m
Interest Rates
(June, 2018)
Deposit Rate0.35%
Lending Rate10.84%
Money Supply
(August 1, 2018)SBD $5,116m

Exchange Rates

per
SBD
Today
15/08/2018
Last Week
07/08/2018
USD0.12430.1249
GBP0.09750.0965
EUR
0.10930.1079
AUD0.17130.1686
NZD
0.18890.1854
JPY13.791713.9089
SDR0.08960.0894
CNY0.85600.8555
Index109.3108.4

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