11 Feb 2009

Solomon Islands government monitoring impact of global financial crisis

1:45 pm on 11 February 2009

The Solomon Islands government is assuring the public it is managing the impact of the global financial crisis.

The Finance Minister, Snyder Rini, says the government is monitoring the economic crisis and taking careful steps to address the effects on Solomon Islands.

Mr Rini says the government is prioritising public spending to ensure essential services, including education, health and national security continue to operate.

He says strategies are also being put in place to ensure that revenue generation and collection remains strong and to invest in areas of potential growth.

Mr Rini says the financial system in Solomon Islands is intact and the government is working closely with the Central Bank and other stakeholders to ensure it remains stable.