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Monday, June 26, 2006

Solomon Islands Government work towards priority needs

Acting Finance Minister Gordon Darcy says the government is working towards priorities reflected in an International Monetary Fund statement on Solomon Islands.

The Priorities include creating an environment for businesses to flourish, managing the country's budget and not running up debts, and developing a sound strategy to implement government policy framework.

Speaking on the release of the group's statement, Minister Darcy says the government is working towards these priorities.

The Acting Minister says that the Government has vowed to put in place the right policies to develop industries and to remain firm on financial management.

He says the Government will shortly release an action plan that sets out how it can achieve its policy framework.

In its report the IMF refers to one of the big challenges facing the Government:- improving governance and raising Solomon Islanders’ capacity and skills.

And Mr Darcy says the Government welcomes the IMF’s endorsement of government's emphasis on these issues.

He says it is through developing the people’s capacity and skills, for example to do business or to deliver government policies, that government can achieve its development aims.

The IMF Mission visited Solomon Islands earlier this month, and was hosted by the Central Bank of Solomon Islands.



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