The trade balance of Solomon Islands remains in a structural deficit which  8  BIS Review 141/2009  without action will only worsen with the decline in logging. The structural imbalance in trade is a major concern and is a key area in which action is required.
The Reserve Bank’s endeavour is to ensure that the regulations do not constrain innovation; rather they should encourage and nurture innovation, without compromising the need for financial sector stability, cybersecurity, customer protection, etc. Optimality in regulation and supervision is the key. With this objective in mind, we have recently constituted a working group on digital lending, including lending through online platforms and mobile apps.