October 17, 2017

SI economy highly vulnerable to credit negative shocks

BY CAROL-ANNE SULEGA SOLOMON Islands’ very small economy (nominal GDP of $1.1 billion in 2016) offers limited scope for diversification of economic activity and leaves the sovereign highly vulnerable to credit negative shocks. This is according to Moody’s Investor Services.…

Gov’t cash drops

SIG cash balance falls this year, revenue lower than expected: Moody BY CAROL-ANNE SULEGA MOODY’s Investors Services has admitted that the Government’s cash balance has fallen to low levels this year, revenues have come in below expectations, but still expects…