SOLOMON ISLANDS 2017 GDP GROWTH RATE FORECASTED TO INCREASE

SOLOMON ISLANDS 2017 GDP GROWTH RATE FORECASTED TO INCREASE

Posted by : Posted on : 29-Mar-2017
Honiara : 29 March 2017
The Solomon Islands real Gross Domestic Product (GDP) growth rate in 2017 is forecasted to be around 3.2 percent and average between 3.5 percent over the medium term.
The Minister of Finance and Treasury, the Hon Snyder Rini, announced this in Parliament this morning when presenting the 2017 Supplementary Appropriation Bill 2017 to the House at the Second Reading Stage.
Minister Rini said the GDP growth rate this year is owed to the sustained levels of production in the logging sector.
SOURCE: SOLOMON ISLANDS GOVERNMENT PRESS RELEASE.

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