Samoa and ADB
In the Spotlight
The growth outlook for developing Asia and the Pacific remains steady, even though momentum slowed in the second half of 2014, but the declining oil prices represent a golden opportunity for many beneficial reforms, ADB says in a new report.
ADB-wide sovereign approvals in the Pacific has risen substantially since 2010, reaching almost $1.8 billion in 2013. ADB is assessing and updating the Pacific Approach, which will continue to guide its operations in the region.
The Pacific region is benefitting from stronger links with Asia’s growing economies, and can gain more with targeted policy reforms and investments, according to ADB's Pacific Economic Monitor.
Engaging the private sector through public-private partnerships and privatization improves the performance and service delivery of state-owned enterprises, according to a new report by ADB.
Samoa is well advanced in achieving the Millennium Development Goals (MDGs). Poverty has fallen faster than the targeted rate, universal primary education has almost been achieved, gender disparity in primary and secondary education has been eliminated, and child mortality has been reduced. However, progress is needed in achieving environmental sustainability
ADB's country operations business plan, 2015-2017, maintains the focus of ADB’s Pacific Approach, which aims to deliver sustained, resilient, and improved standards of living for the people and serves as the country partnership strategy for Samoa.
0.19(2013) Population in millions
0.8%(2008-2013) Average annual population growth rate
26.9%(2008) Population living below the national poverty line