Month: March 2018

Press Release: Gov commends stamp duty exemption on Micro-insurance

The Governor of the Central Bank of Solomon Islands (CBSI), Mr. Denton Rarawa acknowledges and welcomes the decision of the Minister of Finance to exempt stamp duty on micro-insurance products of $20,000 or less.

Key Statistics

Inflation
(February, 2024)	4.8%
GDP 2022 Actual (Source: SINSO)	Constant Price: 2012
Real GDP	SBD$ 10,894.6m
Nominal GDP	SBD$ 12,774.5m
Real GDP Growth	2.4%
Foreign Reserves
(April 3, 2024)	SBD $5,689m
Interest Rates (December, 2023)
Deposit Rate	0.38%
Lending Rate	8.74%
Money Supply
(April 3, 2024)	SBD $5,842m