Solomon Islands bank head - economy at rock-bottom

SOLOMON ISLANDS - Governor of Central Bank Rick Hou says Solomon Islands has hit rock-bottom as far as the economy is concerned.

But the central bank governor explains that a country is not like a company that winds up when it is declared bankrupt. Instead, he says countries will continue to live, but will do so on the mercy of creditors.

Mr Hou says, in such instances, government debt will continue to rise as it is happening now, unless the current economic trend is reversed.

The central bank g