AGP Executive Report
Last update: 5 hours agoClimate Resilience: A new ADB and Green Climate Fund programme aims to mobilise more than US$1 billion across 14 Pacific economies, including Samoa, to protect roads, water supplies, power systems and coastal areas. The fund has approved US$250 million in grants. Monetary Policy: The IMF is urging Samoa to gradually move from money-supply targeting to interest-rate-based policy, citing unpredictable cash flows and excess bank liquidity that make inflation harder to manage and lending less effective. Energy Costs: Pacific fuel costs rose by NZ$935 million in the first six months of the regional crisis, with Samoa among the countries facing higher prices. New Zealand briefings point to renewable energy and efficiency as ways to reduce reliance on imported fuel.
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