Solomon Islands a leading reformer in the Pacific


SOLOMON Islands has been affirmed to be a leading reformer in the Pacific region due to being actively seeking and implementing reforming initiatives.

Asian Development Bank (ADB) Head in SI Mr Amila Salgado announced this during his speech on the recent launching of the SI State Own Enterprises (SOE) website in Honiara.

He said the initiative was significantly supported by the Pacific Private Sector Development Initiative (PSDI) through its funds which Solomon Islands has received the largest share at around $4.8million.

Salgado said the SI government has also made important progress in placing its SOEs on a commercial footing since the enactment of the SOE Act in 2007.

He adds, the implementation of regulations supporting director selection and community services obligations has been instrumental in the dramatic improvement in SOE performances in recent years and the government is to be commended for these efforts.

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