The Solomon Islands Finance and Treasury Minister, Gordon Darcy Lilo, has assured parliament that the country's economy is in good hands.
Mr Lilo said the Gross Domestic Product or GDP was at 6-point-1 percent and the outlook for 2008 remains positive.
The SIBC reports him saying increases in sectors such as fisheries, agriculture and other services will offset the expected decline in revenue from the logging sector.
Mr Lilo says that to sustain the economic growth and the participation of local population in economic activities, the government will be tabling certain bills to encourage this.
He says these include the State-Owned enterprises Bill, a new Companies Act and the abolition of business licenses.