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Wale blames four former Solomon Islands PMs for economic downturn
11:14 pm GMT+12, 14/03/2019, Solomon Islands

Former Member of Solomon Islands Parliament for Aoke Langalanga, Matthew Wale has accused four former prime ministers of 'lead the country close to a cliff'.
 
There are Danny Philip, Gordon Darcy Lilo, Manasseh Sogavare and Rick Houenipwela.
 
Speaking at the launching of former Member of Parliament for North Guadalcanal, Samson Maneka at Pitukoli, Wale said Solomon Islands is expecting a huge social issues in future when logging revenue will drop from 42 percent to 20 percent.
 
Wale said logging contributes half to the country’s $9 billion SBD of the Gross Domestic Products (GDP) per year.
 
He said with the drop of logging in few years, there will loss of many jobs by locals because logging caters for around 30,000 jobs in the country.
 
Wale blamed the past former Prime Ministers for not coming up with good policies to counteract this situation in the last eight years.
 
However, he said Philip, Lilo and Sogavare refused to bow down to International Monetary Fund (IFM) requests to cut down on logging because they have depended on loggers for political and financial supports.
 
Wale said only Hou’s government had agreed last year to cut down on logging activities following advice from IMF.
 
He said this country is on the verge of big problems because every year there are 12,000 drop outs of children who will be looking for employments.
 
Wale, who is the wing leader of Solomon Islands Democratic Party (SIDP), said they have a policy in place to address this economy situation if comes into powers after the elections.
 
“We need good and non-corrupt leaders to lead the country after the election.
 
“This is because we are at the edge of the cliff,” he said.
 
The country’s current population is 663,000 people and expects to reach 850,000 in ten year’s time.

SOURCE: ISLAND SUN/PACNEWS


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