The program will help realize the private sector's potential, and specifically the growth potential of the mining, agriculture, fishing, and tourism industries. Progress is being made toward reopening a large gold mine closed during past civil unrest, and there is a potential to develop large nickel deposits. The best prospects for creating jobs and generating
government revenue lie in large-scale palm oil developments, in fishing (there is already one large fish cannery), and in the smallholder tree crops of cocoa and copra. The supply of fruit and vegetables to the urban centers also offers good prospects, as does the fledgling tourism industry.
The ERSP is anchored in the Solomon Islands Medium Term Development Strategy 2008-2010, supporting sector plans, and the 2009 and 2010 budgets. The program design is aligned with a policy matrix prepared by the government to identify key fiscal measures and structural policy actions. A core economic working group was established by the
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