Month: November 2019

What you need to know about the SME Guarantee Scheme

What you need to know about the SME Guarantee Scheme By CBSI Media Article No. : 11/2019 A lot of people have asked questions and are keen to understand what the SME Credit Guarantee Scheme is all about. Before jumping in to any of those information let’s look at how this scheme first came about. In 2015 the Democratic for Change Government (DCG) initiated a guarantee scheme to improve and support credits and assist small startup business....

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Retirement savings using airtime credit

Retirement savings using airtime credit Honiara, Solomon Islands – As of today (Saturday), youSave members can make deposits into their accounts with Solomon Island National Provident Fund (SINPF) through their mobile phones, using their mobile top ups (airtime credit)....

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Key Statistics

Inflation
(October, 2019) 2.1%
GDP (2016)
Actual (source: SINSO)
Real GDP
SBD$ 4,603m
Nominal GDP
SBD$ 8,606m
Real GDP Growth3.4%
Foreign Reserves
(February 12, 2020)SBD $4,809m
Interest Rates
(December, 2019)
Deposit Rate0.38%
Lending Rate10.40%
Money Supply
(February 12, 2020)SBD $4,958m

Exchange Rates

per
SBD
Today
24/02/2020
Last Week
17/02/2020
USD0.12140.1215
GBP0.09370.0933
EUR
0.11200.1121
AUD0.18340.1809
NZD
0.19170.1888
JPY13.545213.3398
SDR0.08900.0888
CNY0.8543 0.8483
Index113.4112.6

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