Year: 2017

Debt – Growth Nexus, Case for Solomon Islands

External borrowing or debt is a common practice in developing and least developed countries around the world for various reasons. If local borrowing is limited, these countries depend on sourcing external funds to subsidize their deficit budgets or cushion revenue shortfalls and to fund major infrastructure or development projects.The full article can be downloaded below.

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Press Release- Solomon Islands Government Commits to Digitization of 80% of Payments by 2020

Press Release – Solomon Islands Government Commits to Digitization of 80% of Payments by 2020 Honiara, Solomon Islands – The Solomon Islands Government has today announced its commitment to become a member of the Better Than Cash Alliance (BTCA) and use electronic payment channels for both payments and receipts in a way that improves lives and expands responsible digital financial services....

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Press Release – New Financial Inclusion Specialist in Honiara

Press Release – New Financial Inclusion Specialist in Honiara (Honiara 1 May 2017) The Central Bank of Solomon Islands (CBSI) formally received the appointment of a new financial inclusion specialist under the United Nations Pacific Financial Inclusion Programme (PFIP) in Honiara, on Monday, May 1, 2017....

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Key Statistics

Inflation
(November, 2017) 1.6%
GDP (2016)
RGDP (Real) *estimates SBD$ 4,607m
NGDP (Nominal) *estimates SBD$ 8,504m
Real GDP Growth3.5%
Foreign Reserves
(January 10, 2018)SBD $4,804m
Interest Rates
October, 2017)
Deposit Rate0.34%
Lending Rate10.50%
Money Supply
(January 10, 2018)SBD $4,812m

Exchange Rates

per
SBD
Today
19/01/2018
Last Week
12/01/2018
USD0.12870.1284
GBP0.09300.0950
EUR
0.10550.1071
AUD0.16150.1631
NZD
0.17690.1777
JPY14.312114.3041
SDR0.08940.0901
CNY0.82800.8360
Index105.0105.6

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