Solomon Islands Social Credit Party Solomon Islands Social Credit Party The Solomon Islands Social Credit Party ("Socreds") is a political party in the Solomon Islands that espouses social credit theories of monetary reform. It is led by Prime Minister Manasseh Sogavare, previously leader of the People's Progressive Party and the former Member of Parliament for East Choiseul. The party was launched in July 2005. It is a member of a four-party coalition, the Solomon Islands Alliance for Change, which includes the National Party, Solomon Islands Liberal Party, and the Solomon Islands Party for Rural Advancement, and groups of independents from Honiara, Malaita and Guadalcanal. The
History of Solomon Islands Gwale people on Guadalcanal and more recent migrants from the neighbouring island of Malaita erupted into violence. The ‘Guadalcanal Revolutionary Army’, later called Isatabu Freedom Movement (IFM), began terrorising Malaitans in the rural areas of the island to make them leave their homes. About 20,000 Malaitans fled to the capital and others returned to their home island; Gwale residents of Honiara fled. The city became a Malaitan enclave. Meanwhile, the Malaita Eagle Force (MEF) was formed to uphold Malaitan interests. The Government appealed to the Commonwealth Secretary General for assistance. The Honiara Peace Accord was agreed on 28 June 1999.