![]() |
||
A New Initiative – Non-project Grant Aid for Samoa
The Government of Japan has decided to grant assistance of up to one hundred million [100,000,000] Japanese Yen (approximately two million five hundred thousand [2,500,000] Samoan Tala) to the Government of the Independent State of Samoa for the Non-Project Grant Aid Programme. Notes to this effect were exchanged in Apia on 8 September 2005 between H.E. Mr. Masaki Saito, Ambassador of Japan to the Independent State of Samoa and Hon. Tuilaepa Sailele Malielegaoi, Prime Minister of Samoa. Non-Project Grant Aid is foreign currency support given to secure payment for imports of goods that are urgently needed, in principle, in order to adjust its economic structures in accordance with a programme agreed between IBRD/IMF and a recipient country. Samoa has striven to institute the Strategy for the Development of Samoa for every three years to promote Samoa’s further development. The Government of Japan decided to extend this assistance with a background of excellent bilateral relations between Japan and Samoa. Hon. Tuilaepa Sailele Malielegaoi (left), Prime Minister of Samoa, and H.E. Mr Masaki Saito, Ambassador of Japan, signed the Notes in Samoa on Thursday, 8 September 2005 Exchange of Notes for Grant Aid Project in Fiscal Year 2005
|
||

