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Gov’t affirms commitment to DBSI1 min read

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PM Sogavare and his Deputy Hon. Maelanga together with Finance Minister Hon. Kuma and the interim CEO of DBSI stand in front of the enquiry desk of the bank.

The Democratic Coalition Government for Advancement (DCGA) has affirmed its commitment to the Development Bank of Solomon Islands (DBSI).

This is reflected with a total of 26 million dollars in the National Budget committed to DBSI as a start-up capital.

Speaking during the official launch of the bank, Prime Minister Sogavare stated:

“My government have accorded all the necessary support in ensuring that DBSI is successfully established.”

According to the Prime Minister, the Government will continue to support the bank to ensure its sustainability in order to attain its overall objective towards our economy’s overall development.

The launch of the bank reflects a milestone achievement of one of the policy priorities of the DCGA Government under the leadership of the Prime Minister Hon. Manasseh Sogavare, MP.

The initial work to revitalize DBSI began after the Democratic Coalition for Change Government (DCCG) was elected into power in December 2014, under the leadership of Hon. Sogavare.

The Prime Minister further stated the Government is committed to continue to deliver what is best for the country and to continue to serve the people. The Democratic Coalition Government for Advancement is fully committed to the fulfilment of its policy priorities in the interest of economic stability, national prosperity and good governance.

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