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.
Read MorePress 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...
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Read MoreMonthly Economic Bulletin – March, 2017 The Monthly Economic Bulletin for March, 2017 is now available....
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Read MorePer SBD | Today 15/04/26 | Last Week 08/04/26 |
|---|---|---|
 USD | 0.1242 | 0.1235 |
 GBP | 0.0915 | 0.0929 |
 EUR | 0.1053 | 0.1065 |
 AUD | 0.1744 | 0.1771 |
 NZD | 0.2104 | 0.2158 |
 JPY | 19.72 | 19.71 |
 SDR | 0.0905 | 0.0907 |
 CNY | 0.8466 | 0.8475 |
| Index | 109.40 | 110.00 |