BY LORETTA B MANELE
The Central Bank of Solomon Islands (CBSI) has been acknowledged for its leadership role in regards to quality of policy research.
Prof Paresh Narayan of Monash University and APAEA (Asia-Pacific Applied Economics Association) made the acknowledgement at the recent “2nd CBSI-ADB-APAEA Joint Workshop” at Heritage Park Hotel.
“The importance of central banks hosting this, and again at this point I should acknowledge the leadership, the vision that Governor Luke Forau has demonstrated over the last several years to enhance the quality of policy research that comes out of the central bank, because it sends a signal to all of them,” he said.
Prof Narayan went on to state that he thinks it is that signal they want to harness, to nurture and they want to search for the optimality in success that emerges out of those signals.
“And you will see that signal or signals throughout the day in terms of the key messages that come out of the research that is happening at the central bank, but also the type of research that the central bank is thinking about doing, maybe in collaboration with some of the policy makers that are in the room today,” he added.
Prof Narayan pointed out that the joint workshop is not only about knowledge sharing but also about multiplying on that knowledge.
“And on that note, the Central Bank of Solomon Islands, under the leadership of Governor Luke Forau, is playing a very, very important role,” he said.
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