SI. SUBMISSIONS CALLED FOR ECONOMIC STIMULUS SUPPORT

SI. SUBMISSIONS CALLED FOR ECONOMIC STIMULUS SUPPORT

Posted by : Quoting the Solomon Times Posted on : 25-May-2020

“The call for submissions to access the economic stimulus package will be published starting today, and for the next two weeks.

“The Prime Minister Manasseh Sogavare made this announcement in his weekly statement. He said the government has not lost sight of its responsibilities.

“Sogavare said the Government is fully aware of its responsibility to ensure fiscal stability and to counter negative growth within the domestic economy while also safeguarding the basic needs and livelihood of the general population.

“The stimulus package of SBD$319 Million with its implementation framework and guidelines will facilitate the disbursement of funding allocations”, Sogavare said.

“A committee made up of government officials and related agencies are working on the stimulus package.

“The committee is headed by the Ministry of Finance and Treasury.

“Small and Medium Enterprises (SMEs) can apply for support as funding will be made available through the Development Bank of Solomon Islands (DBSI)”

Copyright @ 2020 Solomon Times.

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