AGP Executive Report
Last update: 10 hours agoPublic Finances: Customs collected $137.2 million tala in July–September, beating its target by $11.1 million, or 8.8%. The Ministry of Revenue also exceeded its target, by $1 million, adding to a strong start to the financial year. Airline Funding: Samoa is again surveying its diaspora on possible investment in Samoa Airways’ planned jet services to Australia and New Zealand. The survey is market research only; no shares or other financial products are being offered. Commonwealth Trade: At CHOGM, leaders agreed to double trade among member countries by 2030. Investors reviewed projects worth US$52 billion, and the summit announced US$500 million in new commitments for trade, climate resilience and youth opportunities. Samoa also urged accessible, grant-based climate finance, warning against adding to Pacific countries’ debt. Climate Risks: A strengthening El Niño could strain Samoa’s water supplies, agriculture, public health and electricity production, adding economic pressure into 2027.
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