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Air Vanuatu administrators say the airline was “clearly not in a position to meet its financial commitments” well before it collapsed earlier this month, and is more than $99 million (US$66 million) short of being able to pay back its customers, staff and lenders in full.
The Minister of Health, Valasi Tafito Selesele believes Samoa does not rely on aid funding and denied findings in a report by the Lowy Institute that Samoa continues to be one of the most aid-dependent countries in the world.Key findings in the report revealed that Samoa has the second lowest Off...
(Bloomberg) -- As leaders from across the Pacific, and special envoys from the US and China, descended on the Cook Islands in November for the region’s largest annual forum, they couldn’t have failed to notice the main island’s sports arena, or the capital city’s police station, or its Department of Justice.Most Read from BloombergYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixFord Cuts Workforce Making Electric F-150s on Weak DemandPutin Orders Hunt for Property of Russi
Samoa remains one of the most aid-dependent countries in the world according to key findings in a Pacific Aid Map report by the Lowy Institute.The report revealed Samoa has the second lowest Official Development Assistance to Gross National Income ratio in the Pacific region. Official Development...
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