APIBC NEWS: SOLOMON ISLANDS : 30th May 2016

Build on reform achievements, PSDI advises Solomon Islands

PSDI releases a new private sector investment assessment which will be launched at our very own Australia Solomon Islands Business Forum on July 22nd in Brisbane.

— By ADB Pacific Private Sector Development Initiative

PSDI’s new private sector assessment (PSA) for Solomon Islands has been published and is now available for download.

Continuing Reforms to Stimulate Private Sector Investment provides a snapshot of Solomon Islands’ economy and suggests policy actions to address challenges that range from enhancing access to skilled labour to improving the financial system. It also assesses the results of the private sector reforms Solomon Islands has implemented over the past decade—often with PSDI support—such as reforming business laws and improving the performance of state-owned enterprises.

The recommendations of the report are summarized in this op-ed by PSDI Lead Economist Paul Holden, published in the Solomon Star. Paul can also be heard discussing the report in this interview with Radio Australia’s Pacific Beat program. 

Continuing Reforms will be officially launched at the Australia-Solomon Islands Business Forum on July 22 in Brisbane, Australia. It will subsequently be presented at a round-table event in Honiara.

The report is the first of four PSAs PSDI is producing this year, with Palau, Vanuatu and Republic of Marshall Islands to follow. PSAs for the Cook Islands, Samoa, Timor-Leste, and Papua New Guinea were published last year. 

The news release for this PSA can be viewed here, PSDI’s factsheet on its work in Solomon Islands can be downloaded here, and all of PSDI’s Solomon Islands-related news can be viewed here

To request a hardcopy of this or any other PSA please contact the ADB Pacific Private Sector Development Initiative directly via this email

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