Samoa gets more money from ADB

Written by Media Release
Saturday, 09 February 2008
ADB in partnership with the Government of Japan will support Samoa to help improve its capacity in development planning and macroeconomic and policy analysis. “The technical assistance (TA) grant aims to improve capacity in planning and managing development through a consultative process,” says Maria Melei, Senior Project Implementation Specialist from ADB’s South Pacific Subregional Office in the Fiji Islands. As well as helping the government maintain capacity to generate economic statistics, the grant will support a participatory approach for measuring results under the Strategy for the Development of Samoa (SDS). The TA will also enhance the capacity of economic planning staff in the Samoan Government, providing mentoring and skills transfer through on-the-job training and training of trainers. An options paper would be prepared on how to retain staff, including a proposal for a program for young professionals to be piloted by the Ministry of Finance. “This proposal is good news for the region’s increasing youth population and will be an effective way of engaging young people in economic development,” said ADB’s Maria Melei. Samoa has made substantial progress under the reform program initiated by the Government in 1994. The program included economic, governance, public sector and financial sector reforms, which have improved the efficiency of the economy and increased its output level. The 3.1% economic growth forecast by the Asian Development Outlook Update Report was achieved in 2007. The cost of the technical assistance is $US625,000 equivalent, with ADB providing $500,000 of that amount to be sourced from the Japan Special Fund. The Samoa Government will fund the balance of the local currency cost, equivalent to $125,000. The assistance is expected to be carried out over a period of 15 months starting in February 2008. (ADB PR) Comments (0) Subscribe to this comment's feed Write comment Name Email Title Comment

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