Samoa and ADB
In the Spotlight
Samoa is rehabilitating old hydropower plants and building new ones to achieve its target of going 100% renewable and wean off its dependence on imported fossil fuels for power generation. When completed, the island nation targets to save about 36 million liters of diesel per year.
ADB is scaling up its assistance in the Pacific, with our active portfolio growing from $500 million in 2004 to $2.6 billion at the end of 2017.
Growth in the Pacific is expected to remain weak in 2018, as economic and political uncertainties, fiscal challenges, and natural disasters hold back some of the region’s larger economies. Growth in Samoa will fall as one of the country’s biggest employers—a manufacturing plant—closes operations, says a new ADB report.
Samoa Deputy Prime Minister Fiame Naomi Mata’afa successfully thrives in the world of politics and the unique social structure of Samoa. She shares with ADB her observations in such circumstances and other insights as a woman leader.
Samoa continues to make progress in achieving its development goals. Poverty has fallen in urban centers, child mortality has been reduced, and the government has placed greater emphasis on environmental sustainability. Primary school education is now almost universal for children in Samoa, while gender disparity in both primary and secondary education has been eliminated.
With limited natural resources and a narrow economic base, Samoa’s economy is extremely vulnerable to external shocks. ADB has supported the government’s efforts to reform the economy, placing a focus on improving the business environment for private enterprise.