The Solomon Islands Finance and Treasury Minister, Rick Hou, wants the country's central bank to adopt international practices in central banking legislation and governance.
This is part of the Central Bank of Solomon Islands Bill 2012 which he has just tabled in parliament.
Mr Hou, who is a former governor of the bank, says the adoption of such practices and standards will ensure outputs, monetary policy, financial reports, data statistics and so forth meet international standards.
Debate on the bill has been adjourned to give MPs ample time to study it.
