The Permanent Secretary of the Ministry of Commerce, Industry, Labour and Immigration Riley Mesepitu has described the 4% crediting rate reflects prudent optimism and the underlying strength of the Fund against future uncertainties.
PS Mesepitu, who is also the deputy chairman of SINPF Board was speaking at the Occasion of the announcement of 2024 Crediting Rate that was held on the 30th September at the Heritage Park Hotel in Honiara.
The CEO/ General Manager of Solomon Islands National Provident Fund, Mr. Mike Wate described the crediting rate of 4% is depicting the Funds financial and operational performance for the twelve months period ending 30th June 2024.
GM Wate was speaking at the occasion to formally announcing of the Crediting Rate to members for the Financial Year 2023/2024 at the Heritage Park Hotel in Honiara.
The Minister of Finance and Treasury Manasseh Damukana Sogavare has declared 4% crediting rate for its members. This is for the Financial Year ending 30th June 2024.
The occasion of the announcement of 2024 Crediting Rate was held on 30th September at the Heritage Park Hotel in Honiara.
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