Oct 18, 2018 Last Updated 6:03 AM, Oct 9, 2018

Budget is PM Hou’s priority

  • Feb 19, 2018
  • By  Mereseini Marau-Totoka
Rick Hou with his deputy and Finance Minister Sogavare to his right. Rick Hou with his deputy and Finance Minister Sogavare to his right. Photo: File
Published in 2018 February
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Former banker promises cuts in government spending

Two months in the hottest seat of Solomon Islands politics, Prime Minister Rick Houenipwela is already geared up to steering his country to a new direction with the passing of his government’s 2018 National Budget as his foremost priority. Focused on his new calling, the former central banker has listed a few priorities that he needed to address urgently in this new year.

Topping the list is the passing of the 2018 National Budget, which he hopes to do in next month’s sitting of parliament. As the head of government, PM Houenipwela’s other priorities for this year include stablising his country’s political and fiscal situations as well as implementing the government’s selected priority infrastructure projects. Expect the 2018 budget to be lower than those of the previous years, he promised.

“This budget will be realistic, we will only spend what we earn.” Also a priority is a new anti corruption bill, which his new government is determined to bring to the floor of parliament as soon as it is cleared by the bills and legislation committee through its public hearings.

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