Tuesday, November 22, 2011

New Finance Minister begins with a vision



Finance Minister Mr Hou
The newly appointed Solomon Islands Finance minister Mr. Ricky Hou begins his new portfolio with a vision. Hou was appointed after the revolutionary that over throws prime minister Mr. Danny Philip following corruption allegations on him. Hou confidently informed the nation that he has a vision for Solomon Islands, he vows to get the country's economy back on its feet. In an interview, the minister revealed that although the economy of Solomon Islands had improved compared to previous years there are still lot to be done.

It is now time to get down to business after the political change the nation had experienced. With his vision, he plans to implement alteration on the following: controlling domestic inflation of prices of goods, stabilize taxation and work towards alternatives that would see low paid workers not having to pay tax. Besides that he plans to include the following in the next budget. Look at possible ways to lower the tax rates to enable companies to be profitable. This Mr Hou said would increase the confidence of business houses and investors to invest in the country for more investment that would result in more economic activities. Increase Government support to productive sectors such as supporting local farmers, fishermen and Invest more in the agricultural, commerce and particularly the tourism sector.

The minister believed that once his vision is achieved the nation will have a strong and broad economic base.
However, for now he's immediate task is to get down to business and pass the national budget.

Now the political game is over and its time to move on what ever the road is that doesn't matter only the end will be counted as reward.

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