Home
Countries and Regions
Country Assistance Plans
Document
|
Country Assistance Plans - Samoa
IX. Local Cost Financing41. In line with the ADB’s new Graduation Policy, Samoa remains a
Group A country and as such, continues to be eligible to borrow from the
ADB’s Asian Development Fund (ADF) resources. The percentage of local
financing, however, will be subject to proper justifications based on
country performance in domestic resource mobilisation, the balance of
payments situation, and the sectors of ADB involvement. In this regard,
the Government’s considerable progress in the efficient management of
public resources deserves recognition.
|