CBSI estimates $227 million minimum loss to the local economy due to the unrest on the 24th – 26th of November 2021

The Central Bank of Solomon Islands (CBSI) has conducted an initial impact assessment over the damage to the economy caused by the recent unrest and riots in Honiara since Wednesday. The findings have revealed that the loss to the local economy is estimated to be around $227 million at a minimum. Domestic economic activity, including…

CURFEW ENFORCED FOR HONIARA CITY

The Governor General, His Excellency, Sir David Vunagi has declared a curfew for Honiara City from 7pm to 6am daily effective on November 26 until revoked. A statement from the government said the curfew is necessary for the Preservation of Public Security under the Preservation of Public Security Act as a result of the current…