Saturday, September 18, 2021

Money & Shopping in Solomon Islands

Australia and OceaniaSolomon IslandsMoney & Shopping in Solomon Islands

In Honiara, ATMs are accessible. Some hotels and resorts accept Australian currency.

The majority of the population relies on agriculture, fishing, and forestry for a portion of their income. The vast majority of manufactured items and petroleum products must be imported. Undeveloped mineral resources such as lead, zinc, nickel, and gold abound on the islands. However, significant ethnic conflict, the closure of major commercial companies, and an empty national purse have resulted in catastrophic economic turmoil, and the country is on the verge of collapse. Due to the government’s inability to pay and assaults on ships, tanker delivery of critical fuel supplies (including those for electricity production) have become irregular. Nonpayment of bills, as well as a shortage of technical and maintenance personnel, many of whom have left the nation, pose a danger to telecommunications.