Samoa Poised For Soft Loans.
Jun09

Samoa Poised For Soft Loans.

The Samoa Government is confident it can obtain soft loans to cover a $US40 million dollar budget deficit in the coming year. The Prime Minister Tuilaepa Sa’ilele Malielegaoi has outlined the government’s spending plans, with expenditure set at $US332 million dollars and income of $292 million. The budget includes a tax on fuel imports to raise money to fund renewable energy developments. Samoa plans to be generating all...

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