12 Apr 2018

Education, rural development feature in Solomon's budget

6:25 am on 12 April 2018

Education and rural development have been highlighted in Solomon Islands' 2018 budget, which was passed by parliament this week.

Solomon Islands money

Photo: ppart/123RF

At more than $US476 million dollars the 2018 appropriation bill is slightly smaller than its predecessor.

In the recurrent estimates education has received a massive $US149 million allocation representing almost 30 percent of the entire budget, and a $US2 million increase from 2017.

On the development side of the budget, rural development again got the biggest allocation of more than $US40 million similar to what it received in 2017.

The finance ministry got the only big increase in the development budget over $US14 million compared to its 2017 allocations.

Most other departments received cuts to their development funding the worst being a $US21 million reduction for infrastructure.

The budget is the first passed from the new government formed last year under Rick Hou after the ousting of Manasseh Sogavare, who is now deputy prime minister and finance minister.

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