AGP Executive Report
Last update: 6 hours agoCompensation Rollout: More than $6m tala has already been paid to Safata families under the HMNZS Manawanui compensation deal, with 5,524 residents receiving transfers and the committee pushing to finish remaining payments soon. Next Payments: Siumu residents are set to receive $1,100 each, with the committee aiming to complete all Siumu district payouts by end of July, including cheque options for people without bank accounts. Monetary Policy: The Central Bank of Samoa kept monetary policy unchanged, citing stable inflation goals while expecting a temporary rise linked to higher global oil prices. SNPF Returns: Samoa National Provident Fund members will receive a 6% dividend (with 3% cash and 3% reinvested), starting 3 July and running for three months. Fuel Costs: Diesel and kerosene prices drop for July, while petrol edges up slightly, reflecting removal of earlier premiums and ongoing global volatility. Public Sector Appointments: Cabinet approved new chairs and board directors across ministries and State-Owned Enterprises, including leadership changes at SNPF and the Development Bank of Samoa. Policing Partnership: Samoa and New Zealand launched a four-year Policing Programme with five NZ advisers to strengthen investigations, prosecutions, prevention and community engagement. Trade Support: Australia’s National Measurement Institute donated fuel measurement trolleys to Samoa and other Pacific nations to help verify pump accuracy and protect fair trade.
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