31 Mar 2008

Solomon Island Fisheris Ministry optimistic of good tuna revenue

6:03 am on 31 March 2008

The Solomon Islands Ministry of Fisheries hopes to collect 13 and a half million dollars in government revenue for the first time this year.

The Fisheries Minister, Nollen Leni, told Parliament this would be the highest total his ministry had aimed to collect for the past 30 years.

He said last year, the ministry collected more than 12 and a half million US dollars due to favourable fishing and high tuna prices.

The Solomon Islands Broadcasting Corporation reports that Mr Leni also told Parliament that Solomon Islands had more than enough tuna stocks within its Exclusive economic Zone.

He said the recent EU funded regional tuna tagging programme had estimated a total allowable catch of 120-thousand tonnes; a level which had, so far, never been exceeded.