BY JOHN HOUANIHAU
Bringing more people into the formal economy, thereby expanding and deepening financial inclusion for all is paramount for the economic development of Solomon Islands.
CBSI Governor Dr Luke Forau made the statement focusing on the agenda ‘Investing in What Matters’ and the few possible policy directions that could, and should, be taken in the next couple of years to build the future economy Solomon Islands wants.
“Just as important is that we invest in our youth. We must equip them with an education that nurtures them, transforming them into both thriving and respectful citizens and self-aware economic players,” he said at the launch of the 2024 CBSI Annual Report at the Heritage Park Hotel on Friday, 25 April.
He also stressed that a holistic approach must be taken to build a healthcare system that strengthens youth and protects them.
“But we cannot succeed if we do not also create ample and meaningful employment opportunities for them,” said Forau.
He said that this is not just about finding a productive way for youths to spend their time, but building a more inclusive economy.
“One to which everyone contributes, and whose rising tides can in turn lift all our boats. Let’s ensure our investment in both infrastructure and people is inclusive, climate resilient, and geared toward lasting transformation,” he said.
Speaking on shared goal and collective resolve, Forau said, “To unlock growth, we must accelerate reforms that matter, streamline land access and administrative processes, and modernise outdated laws that no longer serve today’s economy.
“We need to triple our efforts, with shared leadership, shared responsibility, and shared success.”
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