AGP Executive Report
Last update: 8 hours agoEl Niño and Seaweed Livelihoods: Western Province seaweed farmers say El Niño-driven rain and shifting tides are delaying drying, packaging and sales, cutting community income after Cyclone Maila destroyed farms earlier this year. Climate Diplomacy: PM Matthew Wale will attend pre-COP31 meetings in Fiji and a Tuvalu day trip to show sea-level rise impacts, pushing for loss and damage finance, 1.5°C focus and maritime sovereignty. Fisheries Regulation: The beche-de-mer fishery is set to close from 31 October, with compliance and stock-take steps underway. Power and Cost of Living: Solomon Power launched a 2026–2028 non-fuel electricity tariff framework, pledging lower charges while maintaining investment in renewables and reliability. Public Finance Watch: Government recorded a wider August operating deficit of SBD$37m as revenue fell; CPI rose 1.3% in August. SINPF Retirement Fund: SINPF declared a 5.5% crediting rate (down from 8%), while also reporting weaker 2026 performance and announcing plans to bring a new SINPF Bill to Parliament. Education Reforms: Government says teacher salary and classification changes will begin in 2027, alongside work on housing and leave arrangements. Business & Investment: Reeves Envico confirmed as a sponsor for SICCI’s 9th Business Excellence Awards; Solomon Power and telecom dividends also featured in SINPF updates.
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