SOLOMONS REPORT ECONOMIC GAINS

MELBOURNE, Australia (Radio Australia, Oct. 28) - Solomon Islands' Central Bank Governor Ric Hou says things are looking up for the Solomon Islands economy.

Hou says figures for the second quarter of 2003 show that all economic and trade indicators have grown.

The figures were gathered before the arrival of the Regional Assistance Mission to Solomon Islands.

Mr Hou says he believes the data signifies the start of a significant period of growth.

"This growth is coming from mainly the real sector, that's the productive sector, and although a large portion of our productive sector is yet to reappear, the main four commodities that we continue to produce have shown significant turnaround."

October 28, 2003

Radio Australia: www.abc.net.au/ra

 

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