The Solomon Islands Prime Minister has announced that the government's economic stimulus package is worth $US37.5 million to deal with the economic fallout of Covid-19 pandemic.
Solomon Islands' prime minister Manasseh Sogavare. Photo: Supplied
Manasseh Sogavare told listeners to his nationwide address that the Cabinet had approved the package on Thursday.
"This is a historical package and demonstration of the government's commitment to address the negative fallout of the unprecedented and unique situation that affects all level of our societies and our economy."
According to Mr Sogavare, there are four key components to the package; shock measures, immediate recovery measure one, immediate recovery two, and medium to long-term measures.
He said the details of the package would be revealed during an official launch next week.