The report says foreign currency risk is the main risk in the portfolio, with 98.2 per cent of the total public debt portfolio denominated in foreign currency.

Govt. debt currently sits at $1.1 billion

The Government’s total debt as of June 2018 remains at $1.1 billion tala. This is according to the Ministry of Finance quarterly bulletin for the financial year 2017-2018. The $1.1 billion debt is similar to the figure released by the Samoa Bureau of Statistics Financial Statistics for the December 2017 quarter. 

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Top Stories

Local

CHIEF EXECUTIVE OFFICER: Pacific Games Council and Pacific Games 2019 respectively Andrew Minogue and Samoa Falefata Hele Matatia.

Total athlete numbers still unconfirmed

The exact number of athletes expected to converge in Samoa for the 2019 Pacific Games would not be determined until Games time. But until then, the Games Organising Committee will work according to data and analysis collected from previous Games in terms of accommodating athletes and officials. 

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CONSERVATION: CI Samoa’s Associate Programs Officer, Maria Fiasoso Sapatu (right), conducting a marine assessment during her ten years in the marine field, with Justin Aiafi from M.A.F. (Fisheries Division)

Our Oceans, exploited and heated

We humans have always had the tendency to exploit our natural environment – nothing new there. But let’s put all other environmental exploitations aside and focus on our marine ecosystems, and how human activities threaten it daily.

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World

Britain's Prince Harry and his wife Meghan, the Duchess Sussex attend a lunchtime reception hosted by Prime Minister Scott Morrison with Invictus Games competitors, their family and friends in the city's central parkland in Sydney.

Meghan's schedule in Australia cut back after hectic start

The pregnant Duchess of Sussex has had her schedule cut back during her first royal tour, after a hectic start to her visit to Australia and the South Pacific with husband Prince Harry.

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A Mexican Federal Police officer hands out food to Honduran migrants stuck in no man's land on the bridge over the Suchiate River that is the border between Guatemala and Mexico, near Ciudad Hidalgo, Mexico.

Migrant caravan swells to 5,000, resumes advance toward US

A growing throng of Central American migrants resumed their advance toward the U.S. border in southern Mexico on Sunday, overwhelming Mexican government attempts to stop them at the border.

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Sport

Australia's Reece Hodge scores a try during the 2nd All Black vs Australia Bledisloe Cup rugby match at Eden Park in Auckland on Saturday the 25th of August 2018.

Utility back Hodge out of Wallaby tour with broken ankle

Utility back Reece Hodge has been ruled out of Australia's four season-ending rugby tests after breaking his ankle in training.

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King joins Tongan fans in 34-16 defeat to Australia

Australia crushed the hopes of a nation — and its watching king — when it beat Tonga 34-16 Saturday in their first rugby league test encounter. More than 26,000 Tonga fans — expatriate representatives of a Pacific Island nation with a population of only 104,000 — watched the match at Auckland's Mount Smart Stadium.

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Think a Minute

Think a minute…We’ve heard the expression, “The devil is in the details.” In World War II, General Dwight Eisenhower was the Supreme Commander of the Allied forces who defeated Adolf Hitler and his massive Nazi army.

Editorial

author picture

The battle to save our coconut plantations and getting the best out of the Pacific’s famous palm

It is conferences like the one happening this morning at the Tanoa Tusitala Hotel that gives relevance to regional organisations such as the Pacific Community (SPC) and the impact that donors such as the European Union are having on the lives of the people.

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Letters to the Editor

Dear Editor. Everybody enjoys eating a banana in any shape or form. Monkeys do too. Most of the Samoans never thought that what is left after you enjoy your banana can make you rich. No kidding! So, what is left, apart from the peels?

Dear Editor, Can’t help the urge on joining the well-wishers’ wishing Samoa Observer best wishes of Congratulations for a sustain service to our people in the past 40 years. Reminds me of the number of years God allows for His chosen people/village to wondered around in the desert while pilgrimage towards the Promised Land.

Re: Stream of benefits and net present value The problem with NPV and stream of benefits is that it is quite impossible to foresee into the future the stream of benefits that an airport in the bush will bring.

Entertainment

This image released by Universal Pictures shows Jamie Lee Curtis in a scene from

'Halloween' scares up $77.5 million in ticket sales

Forty years after he first appeared in theaters, Michael Myers is still drawing huge audiences for a good scare.

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Technology

In this photo provided by European Space Agency (ESA), The Ariane 5 rocket carrying BepiColombo lifts off from its launch pad at Kourou in French Guiana, for the mission to Mercury.

Europe, Japan send spacecraft on 7-year journey to Mercury

European and Japanese space agencies said an Ariane 5 rocket successfully lifted a spacecraft carrying two probes into orbit Saturday for a joint mission to Mercury, the closest planet to the sun.

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