“The pursuit of development and prosperity requires a strong economic foundation”

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Source: Samoa Ministry of Finance. The Australian High Commissioner, Ms Emily Luck and Samoa’s Finance Minister Hon Lautimuia Uelese Vaai, this week signed a funding arrangement that provides direct budget support for Samoa.

The agreement outlines the first four years of the Australian Government’s 8-year AUD$50million (WST$91 million) commitment of General Budget Support for Samoa’s Treasury.

This commitment provides long-term fiscal certainty and support for Samoa to pursue its own locally-led development priorities.

Australia delivers its budget support through Samoa’s Joint Policy Action Matrix (JPAM) together with New Zealand, World Bank, the Asian Development Bank and the European Union.

Through JPAM, development partners combine their global expertise, under the Ministry of Finance’s leadership, to support Samoa’s own reform and policy agenda.

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