AGP Executive Report
Last update: 9 hours agoCentral Banking Reform: Samoa’s Central Bank Amendment Bill 2026 cleared its second reading, separating the governor from the board chair role to strengthen governance, with MPs debating whether it protects independence or creates political influence. Foreign Investment Rules: The Foreign Investment Amendment Bill 2026 also passed second reading, tightening definitions and adding disclosure requirements for beneficial owners, plus a registration certificate before foreign investment. Credit Access Infrastructure: Parliament passed the Credit Information Register Bill 2026 on final reading, setting up a Central Bank-run register to share credit histories and scores with authorised lenders. Public Finance & Oversight: Samoa’s new Controller and Auditor General, Fa’amoetauloa Fa’asavalu Ah Siu Lin, was sworn in after nearly 20 years at the Audit Office, reinforcing scrutiny of government spending. Development Partner Push: The Finance Ministry met a World Bank delegation to review project delivery and discuss Samoa’s growth and jobs priorities, including a climate-resilient transport focus. Regional Trade & Labour: Samoa First Union’s Seveaoga Saina Tomi Fetalaiga joined a Pacific workshop in Vanuatu on challenges facing seasonal workers under NZ and Australia mobility schemes. Environment & Risk: SFESA responded to recurring bush fires in Savai‘i, while Samoa is also set to join a €6m regional marine litter and plastic waste project.
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