In a recent Parliamentary seating in the Solomon Islands, Member of Parliament for East Honiara, Hon. Morris Toiraena emphasized the critical need to safeguard local businesses and the private sector.
Toiraena argued for the implementation of policies designed to protect local entrepreneurs from being overshadowed by foreign investors.
He expressed concern that without such protections, foreign entities could dominate and undermine the economic opportunities for local businesses.
Toiraena’s call to action highlighted the necessity of a balanced economic strategy that ensures local enterprises can thrive alongside international investment, thereby fostering a more equitable and sustainable economic environment.