SI must be self-sustainable to graduate from LDC list
TO have Solomon Islands graduate from being one of Least Developed Country (LDC) in the Pacific is something that is the hope of non-stop pursuing.
This is according to the Prime Minister Hon Manasseh Sogavare.
The Prime Minister made the statement on the floor of Parliament last week when delivering his wind down statement on the sine die motion he moved to have Parliament stand adjourned sine die.
This means Parliament does not have a set date of when to reconvene.
Prime Minister Manasseh Sogavare told Parliament that it is a “matter dear to their heart” to have Solomon Islands graduate out of being classed an LDC.
He added that whilst Solomon Islands may lose a lot of benefits as an LDC the country must also be able to sustain that position.
“While it is a good thing we want to work towards, we need to analyse it by being able to back up our ability to stand alone,” said the Prime Minister.
The response made by the Prime Minister was made after the Leader of the Official Opposition Hon Jeremiah Manele pointed out that Solomon Islands is amongst one of the four Least Developed Countries in the Pacific and one in Latin America.
Parliament adjourned on April 10 and stands adjourned sine die.