29 Sep 2017

IMF urges more accountability in Solomon Govt spending

4:56 pm on 29 September 2017

A visiting International Monetary Fund team has urged the Solomon Islands government to be transparent and accountable in how it uses state money.

The Solomons Star newspaper says of particular concern is the money MPs are given through the Constituency Development Fund, the funds for shipping and grants for tertiary scholarships.

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Photo: RNZI Koroi Hawkins

Each member of parliament gets $US877 thousand dollars annually from money provided by Taiwan.

It is to develop their constituencies.

The MPs also have access to millions of dollars through the shipping and scholarship grants.

The IMF team leader, Alison Stuart has cast doubt on whether the money goes into tangible development projects.

She said the next National Budget provided an opportunity to align spending more closely to the goals of the National Development Strategy and to hold back on the funds that go directly to MPs.